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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)
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To: JDN who wrote (13945)4/2/1998 12:21:00 PM
From: Allen Sampson  Read Replies (1) of 31646
 
Hi JDN,

Re "All they have to do is start spending".

I know what you mean, but don't you think spending is the last thing you would do when faced with A) substantial layoffs in a non layoff society, B) a financial system burdened with a staggering non performing loan portfolio, C) an opaque financial accounting system, D) a current discount rate of less than 1% ( in a nation of savers!), and E) a government that, judging by this weeks actions, is unable to address root issues.

Remember Black October of 1929? Sometimes the psychological effect of an action is more important than the logical effect.

Regards

Allen
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