SI
SI
discoversearch

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 : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: stockman_scott who wrote (169993)6/28/2002 7:50:40 AM
From: Sig  Read Replies (3) | Respond to of 176387
 
Scott:
Your referenced article on the Bubble is as close to the truth as it is permitted to discuss in s public
forum.
Scandulous behavior and outrageous fees have permeated much of our society.
Adding more Federal employees is not the answer.
I will repeat, we are going down !
With 3.6 bil shares traded yesterday , brokers fees alone will devour the incoming money as funds, in total confusion, change their holdings while chasing elusive security, with some charging a 5% up-front fee. .
To use some illustrations which you can find in your own life.
( remember the scandle at the Sears auto shops a few years back)?
. I called a transmission shop about rebuilding a GMC tranny and was told they could do it for $450
After taking it completely apart, the shop said whoooooops, thats an electric type and will cost you $1700
2. I took the same car to a GMC shop to fix an idle problem. The charge was $750 and was told the
ignition wires were bad so they had to replace them plus 2 of the spark plugs.
( I had intsalled a new distributor coil, wires and plugs form Autozone a few days before taking it in. )
3. During a recent illness, I had 7 EKG tests by 4 different doctors and wore a monitor for a month.
untill they decided there was nothing seriously wrong
You will be able to think of many similar cases where lies and deceit are common practice today
Nearly all the costs were borne by Social Security medicare which is provided free by the government at no cost to the taxpayer .hahahaha
The answer IMO is to protect ones assets, stay lightly invested if at all. avoid the popular touted stocks,
and concentrate on mostly small caps that involve less churning.
Good luck
Sig