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Technology Stocks : CMGI What is the latest news on this stock?
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To: James Thompson who wrote (12768)8/30/1999 8:13:00 AM
From: Mark Peterson CPA  Read Replies (2) of 19700
 
Jim, if AG starts administering fed policy based on what the stock market may or may not do, I think there's going to be a virtual Y2K version of the Boston Tea Party. The alpha geeks are going to be the Indians storming the ship.

To the best of my dim recollection, AG never dropped rates because the market cratered. In fact, in October 1987, I recall that the opposite occurred.

Mark
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