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To: tcmay who wrote (168070)7/12/2002 3:58:12 PM
From: fingolfen  Read Replies (2) | Respond to of 186894
 
How much more blame could I have put on the public?

You've got a good point there... I really didn't start getting into the stock market heavily until 1998. I by and large stayed away from the dot com stuff, the only stock I thought had real growth/staying potential was Ebay... and I unfortunately didn't have the free capital to buy at the IPO. I recommended it to a friend who turned a nice little profit though (maybe I should talk to him about a commission... *lol*).

I know a lot of people who were chasing madly after each IPO when it came around... Geocities was one of the most entertaining ones, with all of their ridiculous "branding" schemes to create a name for themselves.

Unfortunately the melt-down of the dot coms spilled over into technology as a whole, and nailed companies with real products and real earnings...



To: tcmay who wrote (168070)7/12/2002 7:31:10 PM
From: Road Walker  Read Replies (1) | Respond to of 186894
 
What happened to "buyer beware"?

I think we may be going too far demonizing CEO's, CFO's. We felt their greed was a good thing when it coincided with our interests, now that things have broken bad, their greed is the fault of our problems.

Is Bernie Ebbers a bad guy? He took nothing and built an empire, within the then current mores. The world changes, the mores change, and we retroactively crucify the guy for his behavior.

Who knows what's right and wrong, it seems to change with the wind. There is a lot of crap that is hard to defend, but I don't remember a lot of folks screaming for blood when the market was going up.

John



To: tcmay who wrote (168070)7/12/2002 8:06:51 PM
From: muzosi  Read Replies (1) | Respond to of 186894
 
How much more blame could I have put on the public?
it is not you. i just wanted to repeat the idiocy we went through (this included me sometimes and i am not proud of that obviously)