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.

Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: Greg Higgins who wrote (64379)	8/7/2003 10:56:14 AM
From: rkral	Respond to of 77399

OT ... Greg, one of those sentences is mine, and the other is Uncle Frank's. Are you commenting on mine .. or his .. or both? Ron

To: Greg Higgins who wrote (64379)	8/7/2003 11:18:52 AM
From: PerryA	Respond to of 77399

I think that means that one party will win what the other loses, Ron. This assumes that all players in the market are equal and that is simply not true. The "zero sum game" applies in the aggregate, i.e., if you add up the gains & losses of all option players the sum is zero (excluding transaction costs). It means that there is no wealth creation going on; in contrast, the stock market is a positive sum game because growth is the norm and the stock market grows (normally) over time as the economy grows. Regards, PerryA