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Technology Stocks : WDC/Sandisk Corporation
WDC 157.75+0.4%Nov 14 3:59 PM EST

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To: Rocky Reid who wrote (16873)11/29/2000 3:34:30 PM
From: limtex  Read Replies (1) of 60323
 
RR- What are the chances for a Greenspan emergency session to lower rates?

OK lets imagine the scenario....over at the Fed. Mr G is sitting at his desk basking in the reflected glory of having finally been proven right about ""Irrational Exhuberance" when an assistant crawls in and says:-

" Oh Chairman, Great One, Master of the Fed, President for Life, One that Makes Men Temble...
the NAZ is crashing and the day traders are getting hurt. Couldn't we do a little rate lowering today, just a small one of course, please or maybe even a little tiny little announcement about bias or something or anything to ease the situation for the NAZ stockholders?"

Anyone want to guess the reply?

Best regards,

L
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