Semi-Equips - Buy when BLOOD is running in the streets! Message Board

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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!

LRCX 174.58

+1.4%

3:51 PM EST

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To: WTSherman who wrote (8600)	9/16/2000 12:56:30 PM
From: Zeev Hed	Read Replies (1) of 10921

WT, I do not think that the municipal markets have either the liquidity nor the safety (remember NY and Orange County) associated with what is required from pension funds and Insurance companies. I think however that you are right, and consistent budget surplus are going to act as retraining elements on the economy's growth and a recession will ensue. A recession surely will blow the budget. By the way, in recent years, some municipalities and states have been running budget surpluses as well. Zeev irrevolute.iuma.com

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