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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: jhg_in_kc who wrote (140780)8/27/1999 4:14:00 PM
From: Murrey Walker  Respond to of 176387
 
jhg...You got it! He is, indeed, a master puppeteer who doesn't enjoy his job at all...NOT!!!!



To: jhg_in_kc who wrote (140780)8/27/1999 4:16:00 PM
From: edamo  Read Replies (2) | Respond to of 176387
 
jhg...re: greenspan...

this am washington post had full article...a bit scary...

search.washingtonpost.com

and people laughed at frank ellis morris and called him "paranoid" when he felt what greenspan finally admits....

oh well...maybe a new administration

ed a.



To: jhg_in_kc who wrote (140780)8/27/1999 5:01:00 PM
From: Frank Ellis Morris  Read Replies (2) | Respond to of 176387
 
RE:<< the SON OF A BITCH DOES IT AGAIN!!!Stocks Lower After Greenspan
Speech THIS IS UNCALLED FOR AND RECKLESS. DOES HE WANT TO CREATE A CRASH IN OCTOBER? ALAN G., SHUT THE HELL UP.<<


NEW YORK (AP) -- Stocks were mostly lower today after Federal Reserve Chairman Alan Greenspan voiced concern over the highly valued stock market

By Jennifer Westhoven

NEW YORK, Aug 27 (Reuters) - U.S. stocks moved lower
in late trading on Friday after investors, rattled by remarks from Federal Reserv Chairman Alan Greenspan remarks, sold stocks ahead of the weekend.


Good Afternoon JNG. Now if I were to have made a comment like yours I would have received a few flames.

Over the last few days I was feeling very guilty about making all those gains on paper. I have investments in Dell, Microsoft, Cicso and the usual big name titans but was reflecting on the fact that maybe I should not expect to profit from such investments. The Dow fell over 100 points yesterday and today and we saw some of our profits diminish. I finally after wracking my brains figured out what is wrong. We should all pat Allen Greenspan on the back for informing us of our irrational exhuberance. Yes we have just been too confident and arrogant over the past several years expecting that we should win financial freedom and wealth by buying investments which are making money quarter after quarter year after year. God forbid that the majority of economist think that we have low inflation and the interest rates should come down. I am very sorry for calling Allen all those bad names in past and I humbly accept him dishing out his fierce wrath and just punishment to all those who fail to kneel and kiss his holy hand. Please Mr. Greenspan, Would you be so kind to continue cursing and punishing all of us for expecting to make any money. I know we deserve no mercy. Please extend your almighty hand and put the devil back in his den. Raise interest rates by several points and show your power to any who doubt you. Say the words which will demonstrate that you are the Supreme God and that anyone who would question your holiness and wisdom will be cast to hell fire, brimstone and damnation. If you need to say or do something to put all in fear of you then do so. Maybe after you bring the markets down another several hundred points or several thousand everyone will understand that you are the only God to be feared and obeyed. Please forgive me all wise and omnipotent leader for all my transgression and for saying that you should shut your mouth and stop manipulating the markets. I also apologize for thinking that you should be fired. Now please bend over so I can kiss your ass your most pious and righteous leader. Thanks for f***king up the markets once again.

Your most humble, pissed and reformed servant.
Frank



To: jhg_in_kc who wrote (140780)8/27/1999 5:07:00 PM
From: Fangorn  Read Replies (2) | Respond to of 176387
 
jhc,
The markets were responding to this...

>>Greenspan, speaking today at a Kansas City Federal Reserve bank meeting in Jackson
Hole, Wyo., said the extraordinary rise in stock prices the last five years has been mostly
inexplicable.<<

The problem is that AG simply did NOT say "inexplicable". Everything he actually said today is a repeat of what he has been saying all along, nothing really new at all. Suggest you point the finger at the true culprit, a media more interested in juicy stories than facts.

Maria (don't bother me with the facts) Bartiroma(sp?) on CNBC just now repeated "inexplicable". Point the finger at her.



To: jhg_in_kc who wrote (140780)8/27/1999 5:08:00 PM
From: C Nelson Reilly  Respond to of 176387
 
Re: >>ALAN G., SHUT THE HELL UP.<<

jhg,

I think this is precisely the wrong attitude. We need Greenspan to speak more often. I think he should be talking live thirty minutes before and after the opening bell each and every day. If the market went up too much the day before, he could put the jawbone juice to it and reign it back in. If it went down too much (highly unlikely in his view, but it could happen from time to time), he could offer inexplicable comments to bolster bullishness across the board.

This constant babbling method has several advantages:
1) We could all sleep better at night knowing the Fed is vigilant and our investments are safe from unwarranted appreciation.
2) Al could finally become more powerful than Maria in pre-market activity.
3) Bond traders would have less to worry about and only a day to misinterpret his comments.

Of course, if investors wanted things to run really smooth we could have him on in the morning, at lunchtime, and then at the close to micromanage the market to perfection. Maybe David Jones could speak for two minutes late at night to fine tune the Instinet trades.

I feel safer already knowing that brash upstarts like Dell will be kept in line with the general market.

Yours in interest rate fears (I'm trembling as I type),
C Nelson Reilly