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.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: BGR who wrote (96830)	7/22/2002 3:06:10 AM
From: Simba	Respond to of 132070

BGR, No one said that technology does not improve economic profits in the long run but not to a much greater extent than GDP growth. I still think GE is a high tech company with tech R&D and components in its products that are matched by very few of the so-called high-tech NASDAQ companies. Same goes for companies like Boeing which integrate a wide variety of high tech. In fact I would say that the companies such as EBAY, Amazon etc are low tech with very little barriers to entry as far as technology is concerned. Therefore it is not I differ with you on technology impact on future profits but which index could hold those companies. You were and still are looking for these high-tech gems in the NASDUNG index while in fact much high tech was there in boring old era companies such as Boeing and GE. I would be more cautious in dumping all my retirement money into a speculative sector such as NASDAQ which I would call the "trash low barrier to entry" tech companies. As to your "puts" profits being included in your returns then don't call it a passive DCA approach that you espouse for the "average" investor in your following reply to Skeeter: Message 17771449 You have to compare apples with apples. We are talking about passive DCA indexing into SP500 not hedging strategies on top of it ti goose returns. Simba