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 : IDTI - an IC Play on Growth Markets -- Ignore unavailable to you. Want to Upgrade?

To: Samuel R Orr who wrote (9496)	8/31/1998 10:51:00 PM
From: David Tesorero	Read Replies (4) \| Respond to of 11555

Hello Sam, What do you do on a day like this???...???? You thank God for all the wonder blessings in your life.... I picked up a couple of rolls of pictures today and was looking at them while the market was 'plunging' and could not help but smile when I saw the pictures of my little boy and I playing in the sand at the beach. Happy...Smiling...Healthy...Alive... I lost 50K today...but life is good... Dave

To: Samuel R Orr who wrote (9496)	9/1/1998 12:20:00 AM
From: Rob S.	Read Replies (3) \| Respond to of 11555

I think we have had enough damage now to cause some true panic selling - that's what we saw at the close today. If the casual investor who has ridden things out so far now pulls out, then the market can plunge down another 20%-30% without anything to stop it. I think we will see a technical rebound by the end of this week. Maybe starting as early as tomorrow but maybe not until after a difficult morning. There are some real structural and institutional problems in the world's economy but none of them are worth throwing the baby out with the bath water - the "irrational exuberance" just needs to be wrung out of the market and some greater rationality and cooperation needs to be put into international monetary market mechanisms. I predict bright times ahead - but probably not until after more rough going this September.