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.

Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: EL KABONG!!! who wrote (20138)	6/21/2002 11:26:37 PM
From: TobagoJack	Respond to of 74559

Hi KJC, before I go swimming, I wanted to let you know that you are in fact wrong and misguided <g> about <<reasoned that unemployed people are not likely to be big spenders of discretionary income>>, because they now have more time to shuffle equity and debt balance of their homes, managing their home equity with the same CNBC chants they used to supervise their stock equity, and still have more time to go shopping, using the fruits of their shuffling. This happy state of affairs is the New Age Win-Win resolution to the inconvenience of having had to go to work in the Old Economy. It is so simple, 'cannot find work? just retire'. <<valuations?>> Do not fret, the stock equity valuations are getting cheap, day by moon-lit day, relative to housing equity. Chugs, Jay

To: EL KABONG!!! who wrote (20138)	6/22/2002 12:28:50 AM
From: Raymond Duray	Respond to of 74559

WALL STREET OUTRAGEOUSLY DEMANDS TOTAL IMMUNITY FROM CRIMINAL LAWS Kerry, Tonight on PBS's Bill Moyers NOW program, NY AG Eliot Spitzer got the cameo role. He "outed" the CEO of Morgan-Stanley, Philip Purcell, who is going to Congress to prevent any more exposure of Wall Street's criminal behavior, like Spitzer exposed with Merrill a few weeks ago. Purcell plans to create legislation to absolve all Wall Street criminals from any prosecution. It's an outrage. This is outrageous that a CEO of a major corporation thinks he can simply buy the right Senators and f*ck the public at will. Time to get mad, and stop Purcell's outrage. pbs.org