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Pastimes : Ask Mohan about the Market
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To: Jack Clarke who wrote (7987)11/15/1997 1:40:00 PM
From: kormac  Read Replies (1) of 18056
 
Jack, thanks for the post. I saw it at 7:00 pm and decided to tape it as
it is replayed on my cable at 11:30 pm. Your transcription is very accurate. This is the first time I saw Lou's smirk disappear. You know he is the right guy for this job, since he has this affable style, for one could not afford to have an exitable fellow who shifts from euphoria to
sky is falling at every turn. Nevertheless, what Lindsay said is very sobering. I am sure if Lindsay had not been a guest, Hormats would have been more bullish, as Goldman has to withdraw from equities in
an orderly manner. I am in cash now, not only in my brokerage account, but also in my and my wife's IRA's.

Regards, Seppo
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