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Technology Stocks : Dell Technologies Inc.
DELL 133.180.0%12:59 PM EST

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To: TTOSBT who wrote (137892)7/28/1999 9:57:00 AM
From: Sig  Read Replies (1) of 176387
 
OTOT
<<<I believe he is following an agenda put in place by the wealthiest of this land to protect them from financial ineptness caused by commonplace wealth.>>>
IMO it is the establishment, the system, the banking industry
and thus of course the wealthy and all the industries that produce the wealth in America that is being protected here. The old guard is trying to hang in there and establish some continuity, while the technological revolution is shaking things up with computers, web sales, and battles between cable and phone companies.
Despite the billions of $ being spent on technology, it is still very small potatoes compared to the huge bond issues underlying
almost every utility company, not to mention the home mortgages,
bought by banks, bundled, re-sold as packages, and then sold back to the public. (That one scares me).
The Federal government is or should be supporting
industry where wages are taxed to support promises made by politicians in regard to SS and Medical programs.
The agenda seems to be working although Ross Perot would argue
differently. However if the government had to stop printing money
to pay for the Balance of payment problems and the national debt
things would come to a screeching halt. That may happen later after the present crop of politicians is out of office and safely retired.
Meanwhile I believe Mr Greenspan is doing his very best to educate congress and keep things running smoothly by minimizing
financial situations that have a potential to destabilize the system
So we know he is not in favor of a rocketing tech stock market.
(G)
Sig
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