CB,
$20 to $152 on NTAP and you and I are in Forbes. If your oil hypothesis is correct, that should be another factor stimulating the economy. Greenspan and his cronies obviously targeted the stock market, and the so called asset inflation. Certainly they won't admit this, but it seems obvious after the fact.
I have to agree with you on age limitations for FOMC members. 60 seems a bit low, but Greenspan is past 75 I think. Seems like a fair chance we see both Fed funds and the discount rate touch 3.00% or below before this cycle is over. Of course if Kudlow was the guy, we would have not been in this position as the fed was much to slow to move.
I'm all for your decentralized, high-tech society. The politicians are always the one creating the problems, not business. Perhaps we can elect T.J. Rogers as president, and of course Kudlow as the fed chairman.
What is your timeframe for improving fundamentals for both NTAP and PALM? Do you think we have already bottomed, and are climbing the right-side of the V? I would have to believe by the time the pundits and analysts figure all of this out, it may well be time to sell. Thanks for your opinions! |
