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To: GST who wrote (80887)	10/15/1999 10:20:00 PM
From: Bill Harmond	Read Replies (2) \| Respond to of 164684

>>He said "lower. Much, much lower" Could you point out where he said that?

To: GST who wrote (80887)	10/15/1999 10:34:00 PM
From: dbblg	Respond to of 164684

>>Now, if you think that the S&P can withstand a major reversal, but the 'hot' xmas selling season will keep the astronomical P/S ratios moving higher on net stocks -- then drop by and let me smoke a bowl of whatever it is you put in your pipe. GST, You sound more frazzled than most bulls I know. Pull up the 1994 charts of Cascade and Fore and call us in the morning.-g-.(For a laugh pull up the Cisco chart too. I had almost forgotten about that period when everyone thought Fore was going to put Cisco out of business, LOL.) Incidentally, I thought Greenspan's speech was superb. And vastly preferable to an increase in margin rates, which will eventually become necessary if the averages keep turning in double digit gains every year. Take care, Ganesh