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Strategies & Market Trends : Tech Stock Options
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To: James Strauss who wrote (55021)10/8/1998 1:43:00 PM
From: B.REVERE  Read Replies (1) of 58727
 
[FED CUT?].....Does GS do what's best for the country or best for his buddies? Another cut and the dollar tanks again. A weak dollar fuels
inflation and this is supposed to be his main concern. He's already
been taken to the woodshed for his crony bailout. Will he risk
another dose of harsh criticism? I don't think so.

Paraphrased GS last greenspeak seemed to say, "If you buy stock at p/e
multiples that are unsupportable in world economies, the losses can arrive just as quick as the gains"

Later,

BR,

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