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Technology Stocks : Intel Corporation (INTC)
INTC 48.67-0.2%Jan 29 3:59 PM EST
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To: Frank Ellis Morris who wrote (12668)2/28/1997 12:04:00 PM
From: Barry A. Watzman   of 186894
 
With all due respect, it is my opinion that your characterization of Mr. Greenspan represents the really reckless remarks.

Mr. Greenspan and Mr. Rubin are probably the best Fed and Treas. secretary that this country has ever had, and both at once. It is to these gentlemen whom we owe the very existence of this six year bull market. Their comments are general, not directed at a single specific stock. They are also in the vein of a cautionary warning that is very legitimate, but which does not necessarily apply to every specific situation. If they do their job, which is to manage the economy, something which they have so far done better than anyone else in history, the stocks of good companies will take care of themselves in the long term. Don't forget, TA aside, four time a year the fundamentals are brought to the forefront, when earnings are announced.
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