What Are Investors Missing? How About Everything! (at CNBC)

GOLDMAN, JIM GOLDMAN, TECH CHECK, BLOG, CNBC, CNBC.COM, TECHNOLOGY, TECH STOCKS, TECH SECTOR, INTERNET, E-COMMERCE, WEB, NET Wall Street is nuts, and worse, it knows it's nuts and yet it still can't climb out of the horrific hole it has dug for itself. Ten trillion dollars in value wiped away in a breathtaking swoon, and seen through the prism of some tech industry with such stalwarts with such strong fundamentals, it makes the dive all the more dismal. IBM comes out with good earnings and no one cares. Our parent company General Electric meets expectations and no one cares. The panic noise is simply drowning out all reality and because misery loves company, investors and traders alike are navel-gazing and focusing on the the negative analysis rather than the realistic fundamentals. We had a guy on the air saying he sees... [read full story]