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Technology Stocks : Intel Corporation (INTC)

INTC 34.70

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1:24 PM EST

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To: Jim McMannis who wrote (71661)	1/20/1999 2:32:00 PM
From: Robert Douglas	Read Replies (3) of 186894

Sixteen and a half years into perhaps the greatest bull market of all time and the president announces that surpluses - generated in part by capital gains from this bull market [$250 billion in 1996] – will be recycled back into the stock market. Is this the greatest Ponzi scheme of all time, or what? Is the president, in all his madness, saying that we can pull ourselves up by our bootstraps and fund our retirement with this deception? One more question. Who is going to make the decision in which companies the Government of the United States of America invests? Talk about a colossal conflict of interest! Will tax dollars be invested in tobacco companies, which in turn will pay huge rewards to the states for tobacco damage claims? Will investment in Microsoft be permitted with the Justice Department barking at their heels? How about federally regulated banks or airlines or railroads? For that matter, name me one company that is not influenced by the government? Sounds like just another lame attempt by government to get their hands in the private sector. -Robert

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