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Wednesday, 06/06/2001 10:16:48 PM

Wednesday, June 06, 2001 10:16:48 PM

Post# of 1335
Article: Investor rage gets ugly

http://www.redherring.com/index.asp?layout=story&channel=20000002&doc_id=1270019 527&id=intuit

Some excerpts:

"In retrospect, the angry -- and often unstable -- reaction of investors isn't all that surprising. Between 1989 and 1999, about 26.4 million brand new investors jumped into the stock market, increasing the total number of investors by 50 percent, according to the Securities Industry Association, a trade group for securities firms. These newcomers treated the Nasdaq like it was Las Vegas -- but for a while, it looked like technology investing had much better odds."

"RAGE MANAGEMENT
The irony, of course, is that investors have not directed their rage at the one place it could really make a difference: themselves. After all, the SEC can only try to protect investors against fraud and market manipulation, not uninformed investment decisions."

Sara


Sara

"I never give them hell. I just tell the truth and they think it's hell." - Harry Truman

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