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To: J.B.C. who wrote (44941)10/15/1999 1:24:00 PM
From: engineer  Respond to of 152472
 
I think AG is just trying to be the ULTRA conservative guy he is.

I do agree that many people are getting jaded on getting 100% returns a year and if and when they start getting 15% returns again, it will cause alot of defaults.

I think he has always spoke alot about the economy, but I htikn of late everyone is televising his speeches and what we are seeing is that he is getting more publicity than he used to. I think that if he were not on CNBC live every other day, it would help alot.



To: J.B.C. who wrote (44941)10/15/1999 1:50:00 PM
From: DownSouth  Respond to of 152472
 
JBC, the text of AG speech is in the context that you describe. He points out that many stocks are down and goes from there. I don'thave the text, but it was read on CNBC this morning.

As usual, the market reacted out of context <g>.