Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Jim McMannis who wrote (163702)	4/8/2002 8:21:36 PM
From: John F. Dowd	Read Replies (1) \| Respond to of 186894

Jim: You must think we all have Alzheimers. You were the guy praising AG as he ratcheted rates upwards to save us from non-existent inflation and now you warn us of what was really being accomplished by your hero - Systemic deflation. You are a laugh you speak with many tongues AG should change his initials to AH. The dot com bubble would have taken care of itself but your buddy Alan has undermined the confidence of the American investor - something I warned about in many many posts to you wherein I insisted and still insist there IS NO INFLATION CONCERN ONLY DEFLATION TO BE WORRIED ABOUT. I hope they go into deficit spending and get our economy rolling while cheapening the dollar somewhat. As usual you have got it all wrong. Let's hope your hero has it right this time. McTeer (sp) for Chairman. JFD JFD

To: Jim McMannis who wrote (163702)	4/8/2002 8:34:31 PM
From: kapkan4u	Respond to of 186894

<When the market crashed in 1929 it took until 1951 for the market to regain former levels. 22 years.... I wonder how long it will take the NASDAQ to make 5100 again.> It does not take a Great Depression for stocks to stagnate for decades. I don't have the chart in front of me, but I believe that the DOW first crossed the 1000 mark in early 60s, but did not go much above the mark until the 80s. <A Japan-like scenario where assets depreciate in the face of low interest rates looks like a likely scenario. If interest rates do rise that would look even worse. This could happen if the Feds must shove a ton of bond paper on the market and have to pay high interest rates to get people to buy it.> Japan has shown that the deflation forces caused by the burst of the assets bubble are more powerful than the supply-demand relationship in government bonds -- Japan has been running record budget deficits with insanely low interest rates. I didn't see any plausible explanation of this phenomena. Kap