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Re: trkyhntr post# 2457

Wednesday, 05/07/2003 12:18:03 PM

Wednesday, May 07, 2003 12:18:03 PM

Post# of 28844
What my point was...

I thought that the Arabs pumped up our market and then pulled the bottom out.

"companies financed aquisitions with stock in companies that had no book value. Maybe they didn't buy Yahoo at $220/ share, or Qualcom at $800 before the split."

I think it was a way to create jobs and infrastructure and when they took away the money the market collapsed into its self.



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