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Technology Stocks : Dell Technologies Inc.

DELL 122.46

-8.5%

Nov 17 3:59 PM EST

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To: Lee who wrote (68991)	10/3/1998 3:21:00 PM
From: jbn3	Read Replies (1) of 176387

Lee, After watching the presentations by Mr. Greenspan and Mr. Rubin this past week, I must admit that I am more impressed than ever with the quality of those two men. We (and I think the world at large) are fortunate to have those two men guiding U.S. fiscal policies. Although they do not always make the decisions which would favor our individual investments, they DO always try to make the best decisions for the country. IMO, Mr. Greenspan's successful efforts to orchestrate an immediate and private sector solution to the LTCM problem greatly diminished the likelihood of extreme market reaction. The market may still respond negatively to the situation, because the problem is endemic to the hedge fund sector, but at least it will be a more orderly response. I doubt very much that his actions fall within the line and tittle of his "job description" and no one could ever have apportioned him any blame for not taking action. I give him highest marks for evaluating the potential perils of the situation, realizing what needed to be done to defuse it, and using his position and influence to expedite a pro bono publico solution. JMHO. Bachman Nabors (jbn3/3)

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