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Technology Stocks : Dell Technologies Inc.

DELL 133.20

+5.7%

Nov 26 3:59 PM EST

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To: GVTucker who wrote (162022)	10/11/2000 10:58:16 AM
From: JRI	Read Replies (1) of 176387

OT Thanks for your thoughts..BTW- My argument on a Nasdaq drop was based on the projection of the Naz going to 2800 (not current levels)...I guess I didn't make that clear... I was under the impression that the Naz only went down 40% in 1974..thanks for clearing that up.. Also, although I understand what you are saying about the Fed "only" backing out the liquidity that was pumped into the system for Y2K (knew that already), I don't know if you really addressed the rest of my argument...ie...the Fed maybe should, perhaps, care about the rapid Naz decline (of course, care only insofar as it effects the rest of the economy) because overall conditions are not as boyent as Oct. '99...in almost every area...the Naz drop could be the impetus to kick us from a 2-3% growth rate....into something much worse...closer to 0-1%... Is that what the Fed is trying to accomplish? (2%-3% growth, heading towards O-1%)...that seems a bit harsh, no? Doesn't sound like a soft landing to me...

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