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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Joan Osland Graffius who wrote (70002)	11/3/1999 12:03:00 PM
From: PaperChase	Respond to of 132070

Joan. I don't disagree that there are plans to flush the system with liquidity in case of a downturn. And I think the trigger point in the indexes for adding liquidity is a lot lower than most bulls believe. However all this assumes a downturn which we aren't likely to experience over the short term. Personally I am growing tired of the "Y2K trouble" theories and the Fleck man talking about nuclear winter as if it will have permanence. It is nothing more than a short-term business cycle confused in part with industry structure changes taking place in the PC biz.