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Technology Stocks : How high will Microsoft fly?
MSFT 503.24-0.7%9:38 AM EST

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To: John F. Dowd who wrote (30654)10/15/1999 4:11:00 PM
From: RTev  Read Replies (1) of 74651
 
I figured you might enjoy these two quotations about the Fed:

"For the Federal Reserve Board to deny investors the means of recognizing economies which are now proved, skill which is now learned, and inventions which are almost unbelievable seems to justify doubt whether it is adequately interpreting the times."

and

"If buying and selling stocks is wrong the government should close the Stock Exchange. If not, the Federal Reserve should mind its own business."

Those seem to reflect the spirit of the day. Unfortunately, both quotations were made by financial writers in the spring of 1929. Such wisdom, eh?
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