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 : Novell (NOVL) dirt cheap, good buy? -- Ignore unavailable to you. Want to Upgrade?

To: dwight vickers who wrote (22713)	6/16/1998 6:02:00 PM
From: EPS	Read Replies (2) \| Respond to of 42771

(OT) Dwight, A quick initial reaction I think that you are too harsh with a leadership that a) eliminated the Soviet Union as a world power (consequences of the end of the cold war are usually overlooked in the low level studies that appear in the commercial financial media) b) created the strongest economy in the world (through a long and rather painful process, I should add. ) Indeed Europe and Asia are far far to the left from our system which does provide rather strong punishment to those who are unable to compete. This applies also to the Marengis and Dunlops of this world) c) created possibly (hard to say when you are part of the reference system) a new economy based on technological revolution and making service, technological advance and manipulation of information, central. In the process a number of serious problems were resolved rather neatly: a) the internal debt was wiped out. b) the bad loans and useless commercial centers were absorbed c) the Banks were made strong d) the dollar become the world currency of choice (Now that is a neat advantage over our competitors!) I think we went through this before in some other discussion but a good deal of this money that is being poured into the financial markets leads to cures for cancer and impotence, to private satellites being launched, new chips, all kinds of stuff that make our lifes easier and more productive, electronic banks, electronic commerce, etc etc, etc etc. In fact rather than believing that the markets are guilty of anything I believe that they are a dramatic proof that the system works. One should not confuse the greed and the motives and all the ugly stuff with the end results. As my friend Rosana Rosadanna, the one with the invisible hands, used to say. Victor

To: dwight vickers who wrote (22713)	6/16/1998 7:16:00 PM
From: Paul Fiondella	Read Replies (1) \| Respond to of 42771

(Off Topic) Rosanne Rosanadanna was a post Keynesian It all happened this way. Once the Great anti-communist Richard Nixon declared himself to be a Keynesian and devalued the $$$ there was no place between Marx and Keynes for liberal economists to park their tin cup. This created an awful state of affairs in the economics profession. After all hadn't Keynes justified state intervention in the economy. And now if Richard Nixon without his Hoover mask was really a closet Keynesian were the liberal Democrats without their Eleanor Roosevelt masks left to expose themselves as !!!@@*# commies??? As Nixon taxed and spent (military Keynesianism), spent and taxed, the US fell deeper and deeper into that Black Hole called inflation. The Democrats were paralyzed. Nixon shaking hands with Chairman Mao! Who do we shake hands with---Kim Il Sung? Just about then Star Wars the motion picture grabbed the fancy of the baby boomer avante guarde. Space, computers, technology.... Declared 12 year old Bill Gates---"I will put a computer on everyones desk. Idiots will strike the keyboard with their fists and nevertheless become productive in spite of themselves. Capitalism will have another productive investment cycle thanks to me. There will be no more war...only Windows into the future" And it was out of this climate of opinion (mishagahz) that Rosanne Rosanadanna coined that often repeated post Keynesian phrase "If it isn't one thing its another." Yes with one stroke investors switched from passing around land in the desert from one shell corporation to another to investing in technology. Thus an entire generation of Democrats were saved from becoming communists and instead were born again in the Republican/Yuppie really New Democratic Party with Bill Clinton at the helm. A veteran of Whitewater, a close-up observer of the baby burning side effects of military Keynesianism, Bill Clinton adopted clean environmentally sensitive investments in technology. "Give them a booming stock market and everything will follow", he was heard to say to his faithful sidekick Tonto Rubin upon being elected. And with the plagiarized phrase "If it isn't one thing its another," he saved that liberal tin cup. He even did Richard Nixon one better by getting the Chinese Communists to kick in to that tin cup. Yet unfortunately in every fairy tale there is a villain and in every castle there is a mole (ask the CIA). In this one there is Alan Greenspan. Not many people have picked up on it but Alan Greenspan talks too much about centrally planned economies..... Stay tuned for the next overnight YEN report on the market....whose private plane is flying whom in the dead of the night to see Hashimoto....is it true that Monica Lewinsky played a crucial role in exposing the real Deep Throat...where is the Treasury Undersecretary and why hasn't all of this tension caused him to lose any weight...is Alan Greenspan about to have a baby and is that the source of his nervous fumbling of words in front of the camera...is La Nina really responsible for the change in the investment climate...tune in tonight on the YEN report...brought to you by www.meshuggunah.com

To: dwight vickers who wrote (22713)	6/17/1998 9:08:00 AM
From: EPS	Read Replies (1) \| Respond to of 42771

(OT) Dwight, Excellent perspective on Japan and its problems here. theatlantic.com Victor

To: dwight vickers who wrote (22713)	6/17/1998 9:51:00 AM
From: Paul Fiondella	Respond to of 42771

(OFF TOPIC) Atlantic article on Japan I think the guy who wrote the article should have opened a little card table in the Japanese Post Office. A sign would be put up on the table saying "I am truly sorry for my offensive article. I apologize to all my neighbors for being a foreigner." For somebody who benefited from a 13K loan from his neighbors to save his ass (here in the US the vultures would be picking over the rubble of his home the next day and foreclosing on his remaining assets), he certainly is ungrateful. "Japan's foreign holdings cannot be brought home without depressing its customers' economies, thus crippling the export industries that keep the Japanese in work." I never knew anyone in a financial panic to give a damn about repatriating money from debtors. What a weird sense of economics to believe that Japanese lenders wouldn't enjoy wrecking the $$$, and getting rid of it as the world's reserve currency.