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 : Lucent Technologies (LU) -- Ignore unavailable to you. Want to Upgrade?

To: larry who wrote (3845)	8/31/1998 11:29:00 AM
From: mrknowitall	Respond to of 21876

Larry - sound reasoning. I would add that the number of investors in the market now makes predictions highly unreliable, since we (as a whole) seem to bring all manner of lunacy, fear, irrationality and of course, greed, to a non-science. All it takes to scare or panic a portion of the investor community is some form of news - and we are all able to get news so quickly now and can react to it so quickly that the fluctuations are greater and occur more rapidly than they have historically. And, sorry to say it, given what I see on various boards and in postings (most notably Yahoo), the intelligence level of some of these purported "investors" is contributing to the lemming-like movements. I fear that the future holds only more immediacy and thus, even more volatility as more investors find the net and our sources of news become more and more immediate (but less and less thorough and reasoned).

To: larry who wrote (3845)	8/31/1998 1:05:00 PM
From: yard_man	Respond to of 21876

>>AG has publicly and privately stated numerous times that 'this is the best period for the US economy that he has ever seen in his life'.<< Exactly why you should be concerned. Sorry, we are not in a new era. Financial markets signal what is to come before it happens. Recession is on the way. There has been a huge explosion in consumer credit. Ask yourself this: Are you more willing to borrow money to purchase a big ticket item now than you were 6 months ago? For many, the answer is no.

To: larry who wrote (3845)	8/31/1998 5:16:00 PM
From: D. Newberry	Read Replies (1) \| Respond to of 21876

Larry, Very well put Larry. The fundamentals still appear to be very bright for the US economy, so the stock market is still a good place to be. I have been investing for over 20 years now, and it amazes me how fear and greed can move markets so fast, both up and down. This appears to be nothing more than a end-of-summer sale. I for one am picking up some bargains -- I'm willing to bet that LU and CSCO will be around and quite successful for quite a long time. The stock market is the only store I know of where everyone runs to the exits when the merchandise goes on sale! Good Luck, Darrell