Semi-Equips - Buy when BLOOD is running in the streets! Message Board

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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!

LRCX 220.40

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3:59 PM EST

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To: John Cuthbertson who wrote (4611)	1/27/1998 11:09:00 PM
From: John Chalker	Read Replies (1) of 10921

Contestants please, <<OFF TOPIC>> Gentlemen, you've put me on the spot. I had 1990, pre Iraqi invasion of Kuwait, in mind when I spun the tale. Now I'll have to go check the books to be sure. I recall that the US had a mild recession in October, 1990 and the banks were in miserable shape with RTC problems so AG opened the money faucet to stimulate the economy and let the banks recover on the healthy interest rate differential between short and long term rates. T Bills eventually dropped under 3.00%. He was worried about the economy first, and inflation second. "Now, Ed, what do we have for our guests today??" Chalks

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