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Technology Stocks : America On-Line (AOL)

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To: Voltaire who wrote (30148)	8/30/1999 10:41:00 PM
From: ChinuSFO	Read Replies (5) of 41369

Voltaire, I would like to meet you at your bank if you promise to give me some of your money. Even though I would like to go to my bank when you go to yours, my money can wait. Folks, Greenspan must be pissed that we don't consider him the strongest person on earth. Don't you folks think that we need someone in his position who can cast away those classical approaches to economic analysis. What is he talking about stock market asset inflation now. What did he base his rate increases all along if not the appreciation of stock assets. Other economic figures and the prosperity he is seeing here in the US is because of some good sound policies that were made a decade ago. The information age revolution (Internet) of which we witness and also are benefitting from has failed to catch his imagination. And we have the "Wall Street policeman" running wild causing these stock market gyrations. Either he leaves it alone or just raises the interest rate 0.50 to 0.75 percentage points. Since when did we see a neutral bias lead to a raise in rates? GREENSPAN SHOULD GO WHEN HIS TERM IS UP AND JAMES RUBIN SHOULD BE IN. All in favor say Aye.

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