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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?


To: da_cheif™ who wrote (8600)5/4/2003 12:27:10 PM
From: SOROS  Read Replies (2) | Respond to of 207456
 
Wrong, again, Wolunchuk. But I do think it is immoral for companies to be losing investor's money while CEOs and other insiders continue to take astronomical salaries and continue to rob investors through stock options. You, however, are a prime example of "survival of the fittest" and taking advantage of those less blessed or astute. Your end justifies your means -- to heck with anyone who's not as smart or swift of foot than you. Just as the brokerage firms did in their pathetic scamming during the 1990s. The 1.4 billion dollar fine is just another public relations ploy. The state governments are even going to take a few hundred million of this 1.4 -- just another example of crooked government in cahoots with Wallstreet. It's a pity that most are in severe financial trouble anyway. That's what happens when you scam people and live beyond your means. They should be locking up and taking away the mansions/benefits/pensions of these crooks for their collusion in glowing stock reports and selling the same companies at peak prices. No wonder you like to worship the 1990's -- it was an era of deceit, no morals, lies, scamming, etc. It was easy money for slime balls.

Interesting comments by someone who should know -- if the economy is in this great rebound and bull market you keep shouting about:

Ingram Micro is the largest distributor of computers in the world, which means that it is a very accurate leading indicator for the PC industry. The company warned last week that it expected second-quarter sales and profits to be weaker than expected.

"There's no indication of any upturn in IT demand. There are people who are expecting or hoping for an upturn in the second half of the year but I don't see any sign of that and I talk to people every day in almost every segment of the economy," said CEO Kent Foster.

You keep spouting your garbage. You seem to have many fooled. Keep making false generalizations which are totally off base. Risk taking, building business and technology is one thing. Using that platform once attained to screw others IS immoral. By the way, living "off the dole" is just as wrong. They ought to scoop up many of those and ship them out of the country, but then I don't suppose you see the relationship between many social programs and votes to keep immoral politicians in office living off others -- a lot like the CEOs you seem to love so much.

It's all about the love of money. Rich people are fine if they use it to help others who cannot help themselves. But, unfortunately, large amounts of money almost always corrupt the human heart, which does not need much help anyway. I suppose there is a reason the Bible says, "the love of money is the root of all evil" and "it's harder for a rich man to enter Heaven than a camel to pass through the eye of a needle". I apologize if I'm making an inaccurate statement here, but my guess is, you think the Bible is a book of fairy tales anyway.

I remain,

SOROS

P.S. Somehow, I don't see you in that new mustang. But perhaps this:

joethielen.com