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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: Sir Francis Drake who wrote (23714)	6/6/1999 9:35:00 PM
From: John F. Dowd	Read Replies (4) \| Respond to of 74651

SFD: How does AG replace the market in assessing the true value of an asset or the PV of a future stream of projected earnings? Let him concern himself with the supply of money versus the problem of productivity and availability of goods. All he needs to concern himself with is whether or not we have too much $ chasing too few assets whether they be hard or financial. We don't need him as Nanny for the market. Just another example of gov't. intrusiveness. Unfortunately this one is self inflicted as investors pay too much attention to his gobbledygook. It is a strange thing that while we call our selves a free market economy we let it be managed by the Fed. JFD