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To: Sam who wrote (7041)	9/23/1999 8:12:00 PM
From: FR1	Respond to of 60323

Regarding MSFT's Ballmer: Talk about a loose cannon on the deck. It was Ballmer that got MSFT into a lot of the trouble they are in. At the start of the fed trial I watched him in a NBC interview that went something like this: ********** Ballmer: We can do anything we want with out OS. If we want to stick a ham sandwich in there it's ok. NBC: That means that if you wanted to you could buy Quicken, stuff it into your OS, and drive the other accounting businesses bankrupt? Ballmer: I'm no lawyer but yeah, why not? ************* Ballmer doesn't mean harm but he just shoots from the hip like a used car salesman. Later he says "Ooops!"

To: Sam who wrote (7041)	9/24/1999 9:08:00 AM
From: Art Bechhoefer	Respond to of 60323

Sam, what I recall in October, 1987, was that the Federal Reserve, fearing inflation even when we were having trouble competing on world markets because of the high value of the dollar (nearly 200 yen at the time), RAISED interest rates. Within a week of its action, the market tanked. But then we did not have program trading controls as we now have, and there were other factors at that time that are different from what exists now. But I wouldn't put it past the Fed to make another stupid mistake.