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To: KeepItSimple who wrote (50615)4/15/1999 2:25:00 PM
From: Lizzie Tudor  Read Replies (2) | Respond to of 164684
 
OT OT OT... did you have an NSX? Do those come as a convertible?



To: KeepItSimple who wrote (50615)4/15/1999 2:31:00 PM
From: Jan Crawley  Read Replies (1) | Respond to of 164684
 
which is why i'm afraid for our economy

Keep, I am not. Supposedly there is only 15% participation at large for the net stocks, and the margin requirements are very much alive to "protect" the "innocent".

By now, we are all willing players; just have to find our own competitive advantages. However, do not repeat the history, which means do not "appeal" to people's "fundamental sensibility" and shorting the nets and thinking that they will crash!!,



To: KeepItSimple who wrote (50615)4/15/1999 3:06:00 PM
From: Greater Fool  Respond to of 164684
 
Remember that the equity markets don't create or destroy wealth. A drop in equities just means that the wealth went somewhere else, such as into bonds.

Equity market drops have preceded economic contractions, but I don't think it's a given that they cause the contractions.


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