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Politics : Formerly About Applied Materials
AMAT 341.36+1.3%Jan 29 3:59 PM EST

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To: Gottfried who wrote (17289)3/6/1998 11:16:00 PM
From: SMALL FRY  Read Replies (1) of 70976
 
GM,<<<OT>>>
Re: I remember reading an interview with Kurlack some time back
where he actually gloated because his comments 'brought down'
an industry. I think his phrase was "we pulled the plug". Some of
these guys have to enjoy their power too much. But then, Mr.
Greenspan - whom I respect - also wields far too much influence.
Or is it because we grant them that influence? What if Alan or
Tom said "the sky is falling" and nobody sold?


It's sad...you're right. And, he will gloat more this year...

The truth is I don't like the guy, but you have to give him credit for taking the heat. It's unpopular to drop that so called "monkey wrench" when the motor is revving at high RPM. Like all analysts, he picks his spots...of course, a calculated risk. That's his livelihood. Greenspan is my man...he holds more clout than any 3 presidents we had recently.

Still waiting,
SF
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