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To: RocketMan who wrote (66991)2/15/2000 9:11:00 PM
From: waverider  Read Replies (2) | Respond to of 152472
 
Margin debt is around 1.5% of market cap now.
You know what is was in 1929?
30% plus.

That should help put things into perspective.

<H>



To: RocketMan who wrote (66991)2/15/2000 10:05:00 PM
From: Uncle Frank  Read Replies (2) | Respond to of 152472
 
>> I agree, which is why I say the man is dangerous and does not belong in that position. If he wanted to destroy the market, and acted that way, he would be out in a minute. But he is trying to help the economy the only way he knows how, and does not understand the tech issues and the dynamics that you mentioned.

I hate to disagree with you, RM, but Dr. Greenspan's charter is to protect the US dollar, and he's done an incredible job of it. He won't let the parochial interests of the tech community get in the way of his mission, however, and that's earned him the enmity of many. There's nothing personal in what he's doing, though; he just doing an incredibly complex job better than anyone has ever done before.

jmho,
unq



To: RocketMan who wrote (66991)2/16/2000 11:04:00 AM
From: Didi  Respond to of 152472
 
OT: RocketMan-re: BH

Hi!

Subject 15528

Best of luck to you, Rocket.

di