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Pastimes : The Death of Silicon Investor -- Ignore unavailable to you. Want to Upgrade?

To: Raymond Duray who wrote (697)	8/4/2002 8:54:39 PM
From: Toby Zidle	Read Replies (5) \| Respond to of 1003

Your posting is tantamount to saying, "Stay out of the stock market", Raymond. It's a perfectly fine opinion. BUT it's not consistent with a forum whose very existence is based on the premise that people ARE investing and want to discuss their investments with each other. "Wall Street is a criminal operation acting above the law" Quite an overgeneralization, don't you think? Of 8,000+ listed stocks, less than one percent are likely to have deliberately defrauded investors. They are being prosecuted as they are found by the SEC. By August 14, CEOs of over 900 of the largest U.S. companies have to certify, under threat of criminal penalty, that their books are clean. Who has cost the U.S. 'retail' investor more money? Executives of companies like Enron, Global Crossing, Worldcom, and Imclone? Or propagandists like you who have destroyed the confidence of the public in honest, well-functioning companies that are 99% of the market? How many billions have investors in Enron lost, vs the hundreds of billions that investors in the Dow 30, the S&P 500, and NASD 100 lost with no legal allegations whatsoever against them other than the likes of your "criminal operation acting above the law"? Who has cost the investing public more money, Ken Lay of Enron or the likes of you who attack the institution of investment in public companies? It makes no more sense for you to attack all of Wall Street as a 'criminal operation' than it does for me to attack every German as a Hitler. Clearly, you don't want to be invested in stocks. That's your right and privilege. On the other hand, the readers and posters on SI do intend to be involved in the stock market, long or short. Your participation here is destructive and contributes to "The Death of Silicon Investor". The stock market WILL survive, despite your opinions. SI may not survive. Find a different forum for your opinions. They are not compatible with those of the investors who are the lifeblood of SI.