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.

Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: Stephen who wrote (56777)	10/30/1998 5:53:00 PM
From: Tundra	Respond to of 58727

>Given that I was working for a bank regarded as being perhaps the best in its procedural and accounting standards, I guess I am less than inspired by the current financial system as, quite frankly, I only think things have deteriorated.< I also share your assessment. My background was as lender's counsel for primarily money center and regional banks. Regards, Tundra

To: Stephen who wrote (56777)	10/30/1998 6:50:00 PM
From: Trey McAtee	Read Replies (2) \| Respond to of 58727

stephen-- still, we know all this, many of us have seen it first hand, but no one makes any kind of attempt to stop it or at the very least reduce the effects. now, my problem is i dont the severity of the dowturn going forward. if you were using my logic, the dow should already be much lower, around 7k right now. but it hasnt collapsed. in this day and age, it seems like the fed is fully prepared to completely monetize the problems. that will go a long way toward making it not as severe...but, i still think it will be very severe. especially since the japanese arent there to bail us out. thank god the economy is so good<G>. good luck to all, trey