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Technology Stocks : Dell Technologies Inc.

DELL 133.35

+0.1%

Nov 28 9:30 AM EST

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To: D.J.Smyth who wrote (163215)	12/15/2000 10:25:07 AM
From: BWAC	Read Replies (1) of 176387

<Those short this market must wonder where Greenspan's loyalties lie this time.> Why worry? No LongTerm Capital Corp.'s in trouble now. Those sort of speculators ARE short the market. And Greenspan could care less about those he is really ALLOWING to be run over by the speculators. What does he care about the long term buy and hold individual investors, or the investors that have watched profitable companies fall below asset value, to cash on the books level, to 3 times cash flow, to 7% dividend levels, or 10PE's which are 1/2 the growth rate of the company? No big money isn't hurting. They've been doing the hurting with excess speculation. All with Greenspan on their side.

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