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Technology Stocks : Compaq
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To: Andreas who wrote (90624)4/8/2001 12:07:33 PM
From: Jim Muskett  Read Replies (1) of 97611
 
Andreas:
Thanks for the observation. The "person on the street" feedback you give (re: RadioSchack) is pretty disconcerting.
As to Greenspan, I recall a flurry of discussion as to whether he was targeting the stock market runup with the FOMC's relentess racheting of interest rates. He disavowed any targeting and instead offered that the FOMC main objective was to keep a lid on inflationary pressures. Was that believable ? Not to me.
With respect to the emergency meeting, I'm assuming you've checked this Fed Reserve link:

federalreserve.gov

The contents were also posted by another on the CPQ thread.

Jim
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