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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 38.44+0.7%3:26 PM EST

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To: Sonny McWilliams who wrote (23810)6/16/1999 8:25:00 PM
From: royco  Read Replies (1) of 27012
 
RE" The FED should hire us"
OTOT
Sonny, Interestingly, our 22 y.o. was offered a tech job at the Fed when he graduated last yr. from Penn, w' comp. sci. degree. I always thought that could've been a great chance to get an insight as to what these guys actually get paid for. (He went to work for a private software co. in Austin, TX instead).
What has concerned me somewhat is the cult of personality that has enshrouded Alan Greenspan. The market might tank one day if he ever gets a bad case of the flu.<GG> It's only taken these guys about a decade to realize the fall of the Soviets coupled with the new technology has truly changed the paradigm, and low unemployment can be achieved with low or NO inflation, while profits and growth rise yr.to yr. Risks still exist, but Larry Kudrow has said what I've felt for years, namely real interest rates are too high vis a vis inflation. Oh, to be the voice in the wilderness.
Let's hope that the trade deficit and triple witches don't erase today's enjoyment.

Regards, Royco
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