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Technology Stocks : WDC/Sandisk Corporation

WDC 187.78

-6.1%

Jan 8 3:59 PM EST

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To: limtex who wrote (19091)	2/12/2001 7:46:04 PM
From: hueyone	of 60323

re: As for the ten years of prosperity don't you think Bill Gates, Steve Balmer, John Chmabers, Steve Jobs, the Hungarian guy form Intel who just retired, Larry Ellison, the founder of AMZN etc etc had just a little to do with it as well? Lim, I agree with you and John Fowler that tech has been the engine of our economic growth. But IMHO, Mr. G provided sound monetary policy in the background that allowed it all to keep on going unabated for many years. Greenspan hasn't been sitting on his but all these years. Here is a link to the historical changes in interest policy since 1985: quote.bloomberg.com As for our current problems, again, I don't believe it is all that easy for the Federal Reserve to steer the economy down the road without running in to occasional bouts with overheated and underheated economies. By the way, I believe we are still in a state of positive economic growth state---albeit it barely positive. Best, Huey

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