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


To: John F. Dowd who wrote (30654)10/15/1999 3:30:00 PM
From: DownSouth  Read Replies (1) | Respond to of 74651
 
"I'm convinced that considerably more humility would be justified in place of the silly and potentially dangerous hubris that tries perennially to tell the stock market that government bureaucrats know better than the market does, itself, the proper level at which it should be trading,"

My man Louis Rukeyser summed up my beliefs very nicely. I really admire AG's fiscal moves. I am now despising his PR moves.



To: John F. Dowd who wrote (30654)10/15/1999 4:11:00 PM
From: RTev  Read Replies (1) | Respond to of 74651
 
I figured you might enjoy these two quotations about the Fed:

"For the Federal Reserve Board to deny investors the means of recognizing economies which are now proved, skill which is now learned, and inventions which are almost unbelievable seems to justify doubt whether it is adequately interpreting the times."

and

"If buying and selling stocks is wrong the government should close the Stock Exchange. If not, the Federal Reserve should mind its own business."

Those seem to reflect the spirit of the day. Unfortunately, both quotations were made by financial writers in the spring of 1929. Such wisdom, eh?



To: John F. Dowd who wrote (30654)10/15/1999 5:28:00 PM
From: taxman  Read Replies (2) | Respond to of 74651
 
"Green Man has run amok"

mr andrea mitchell is a part of the game just like broker upgrades and downgrades. what's more his remarks came on the eve of options expiration. goes to show the risks in playing naked puts.

regards