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 : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?

To: Tim Luke who wrote (35378)	2/19/1998 12:47:00 PM
From: Glenn D. Rudolph	Respond to of 61433

That fine and dandy Glenn but take the worst case here, if Iraq sends a gas bomb over to Israel if we strike them this whole thing could blow up into a major war. If this happens how can you not think people will be running for the exit sending this market down hard and fast. footnote: In cash and gone surfing! Time, Enjoy the surfing. I suspect a "flight to quality" will keep the US markets up. Glenn

To: Tim Luke who wrote (35378)	2/19/1998 1:10:00 PM
From: Greg h2o	Read Replies (1) \| Respond to of 61433

RE: << If this happens how can you not think people will be running for the exit sending this market down hard and fast.>> Tim, I don't pretend to know exactly how the market would react if "Iraq lobs some gas bombs over at Israel," but I doubt it would "send the markets down hard, fast." I think because investors still have the Gulf War in their memories, they will react to what they perceive to be a quick, decisive victory on the part of the US. This is already built into the market. I think the one thing that COULD move the market down in a big way would be terrorist strikes outside of the mideast--especially if they occurred, God forbid, in the US. If you've been all in cash since the potential strike on Iraq, it's certainly been a miserable ride.... It seems to me it is a terribly large risk being totally OUT of the market. That being said, I'm finding it difficult to find very many intriguing stocks at this point to buy, so I'm 30% or so in cash. regards, greg