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Technology Stocks : Jimbo's Playhouse/CPQ -- Ignore unavailable to you. Want to Upgrade?


To: Night Writer who wrote (4698)10/15/1999 11:44:00 AM
From: Mao II  Respond to of 12663
 
NW: And he's keeping a lot of other folks busy too. M2



To: Night Writer who wrote (4698)10/17/1999 7:07:00 AM
From: Mao II  Read Replies (2) | Respond to of 12663
 
NW: I am reminded, as I cruise through some of the more, uh, bearish threads on SI, of Andrew Mellon, that gentle and compassionate soul, who served as President Hoover's Secretary of the Treasury. Mellon, you may recall, reflected the orthodoxy that prevailed in banking and financial circles as the market crashed and the depression unfolded. Surveying the landscape -- collapsing banking system, starving farmers, boarded businesses, lengthening breadlines, Mellon advised Hoover that it was all inevitable and all good in the wake of "excess:" "Liquidate labor," Mellon said, "liquidate stocks, liquidate the farmers, liquidate real estate. Purge the rottenness out of the system."
There seem to be a lot of pint-sized Mellons abroad these days. M2