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Technology Stocks : Intel Corporation (INTC)

INTC 35.53

-1.1%

Nov 14 9:30 AM EST

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To: nihil who wrote (71670)	1/20/1999 3:04:00 PM
From: Jim McMannis	Read Replies (1) of 186894

Nihil, Facts straight? RE:"He was wrong, and almost ruined us with useless spending (phony weapons that turned out to be unneeded)... Let's see, Berlin wall falls, USSR goes Democratic, millions gain freedom. Almost ruined us? He inherited 21% interest rates from the Carter administration, not to mention a country down mentally in the dumps because we were held hostage by Iran. In two short years the greatest bull market of all time started and interest rates have dropped over time. Doesn't look like we were ruined and we will never know just how much those phony weapons had to do with the spread of democracy throughout the world, will we? As far as Clinton solving any economic problems? You're kidding right? Clinton just happened to be president during a time when rates were dropping, the cold war was over, less milatary spending was needed and that money in turn could be freed up to find it's way into other things. He's also benefited by the increasing earning power of the Boomers, some of that money finding it's way into their pension and savings accounts and the markets. The tough work was done before Clinton came into office. All the best, Jim

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