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Technology Stocks : How high will Microsoft fly?
MSFT 486.98-1.4%3:59 PM EST

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To: Jill who wrote (28803)8/27/1999 5:05:00 PM
From: Frank Ellis Morris  Read Replies (1) of 74651
 
Good Afternoon Jill and All

>> Sometimes I feel AG is just a curmudgeon. He's never satisfied either. He's always commenting, and every little comment sends a shudder through the market. Just complaining.<<

NEW YORK (AP) -- Stocks were mostly lower today after Federal Reserve
Chairman Alan Greenspan voiced concern over the highly valued stock market

By Jennifer Westhoven

NEW YORK, Aug 27 (Reuters) - U.S. stocks moved lower
in late trading on Friday after investors, rattled by remarks from Federal Reserv
Chairman Alan Greenspan remarks, sold stocks ahead of the weekend.

Good Afternoon JNG. Now if I were to have made a comment like yours I would
have received a few flames.

Over the last few days I was feeling very guilty about making all those gains on
paper. I have investments in Dell, Microsoft, Cicso and the usual big name titans but
was reflecting on the fact that maybe I should not expect to profit from such
investments. The Dow fell over 100 points yesterday and today and we saw some of
our profits diminish. I finally after wracking my brains figured out what is wrong.
We should all pat Allen Greenspan on the back for informing us of our irrational
exhuberance. Yes we have just been too confident and arrogant over the past
several years expecting that we should win financial freedom and wealth by buying
investments which are making money quarter after quarter year after year. God
forbid that the majority of economist think that we have low inflation and the
interest rates should come down. I am very sorry for calling Allen all those bad
names in past and I humbly accept him dishing out his fierce wrath and just
punishment to all those who fail to kneel and kiss his holy hand. Please Mr.
Greenspan, Would you be so kind to continue cursing and punishing all of us for
expecting to make any money. I know we deserve no mercy. Please extend your
almighty hand and put the devil back in his den. Raise interest rates by several points
and show your power to any who doubt you. Say the words which will demonstrate
that you are the Supreme God and that anyone who would question your holiness
and wisdom will be cast to hell fire, brimstone and damnation. If you need to say or
do something to put all in fear of you then do so. Maybe after you bring the markets
down another several hundred points or several thousand everyone will understand
that you are the only God to be feared and obeyed. Please forgive me all wise and
omnipotent leader for all my transgression and for saying that you should shut your
mouth and stop manipulating the markets. I also apologize for thinking that you
should be fired. Now please bend over so I can kiss your ass your most pious and
righteous leader. Thanks for f***king up the markets once again.

Your most humble, pissed and reformed servant.
Frank
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