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Technology Stocks : WDC/Sandisk Corporation
WDC 185.76+7.8%3:04 PM EST

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To: limtex who wrote (17633)12/26/2000 12:12:49 PM
From: 5dave22  Read Replies (1) of 60323
 
L <We now not only have the greatest stock market crash in history, the absolute opposite of the Wealth effect but this morning we have oil prices at less than $22. Indeed so fast are they falling that one of the Worlds other odd-balls, Mr Gaddaffi has come out this morning saying the the West is conspiring to cut oil prices to $10 and that he is going to defend 'their' interest by freezing production.>

I'll give you the phone number to my grandmother who was pretty wealthy in the 20's - and she'll tell you about the real 'greatest' crash in history. Today, the rich are still rich, the middle class is still middle class, employment is just fine, and NAZ is 56% higher at year end 2000 compared to year end 1998. If it continues to raise at 50% every two years (with hickups and spikes), you will retire a wealthy, wealthy man.

Regards,

Dave
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