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

To: ed who wrote (27567)	7/30/1999 11:10:00 AM
From: John F. Dowd	Respond to of 74651

ed: You are right on again.JFD

To: ed who wrote (27567)	7/30/1999 7:18:00 PM
From: DownSouth	Read Replies (1) \| Respond to of 74651

So, ed, you think this economy is depressed? You must be about 24 years old.

To: ed who wrote (27567)	7/30/1999 11:26:00 PM
From: ed	Read Replies (2) \| Respond to of 74651

Japan's problem is the banking system.The banks make too many bad loans, once the real estate price drops , the banks can't get their money back but hold these deflated real estate. So, Japan's financial problem is the banking system + deflation. The samething can happen here, say, companies make loans to invest in new factories, and equipments, once recession step in and companies can not sell their products, then the bank will hold these factories and equipments. So, the solution is to grow the economy, not depress the economy by hiking the rate. Did you regiter for your economic class ? School can fill your brain with knowledge, but can't teach you to think !!!!!