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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 165.13+1.1%Nov 26 3:59 PM EST

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To: Frank Ellis Morris who wrote (37230)7/27/1999 12:29:00 AM
From: Maurice Winn  Read Replies (1) of 152472
 
Frank, since you speak so ill of my pal Al, I thought I better comment that he seems to be doing things just right from what I see. To say "...Greespan has demonstrated peculiar and unethical and unprofessional conduct.." is, to me anyway, simply absurd.

I wrote a long screed explaining how it works. You seem to have skipped it, or failed to understand it, or disagree with it. So I won't repeat it here.

Good luck with your investments; I think you'll need luck. My opinion is that you should examine your own undertanding of monetary policy and how it all works rather than misallocate energy to disparaging Alan who I think is doing a great job. If you are surprised or disappointed by what he's doing, it means you are being caught wrong-footed. Since he's doing the right thing, it is the share owners who have to adjust to how monetary policy works rather than the reverse.

Mqurice
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