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To: Frank Ellis Morris who wrote (25465)	2/21/2000 11:07:00 AM
From: Sonny McWilliams	Read Replies (2) \| Respond to of 27012

Frank. I believe the tech revolution will continue despite Greenspan's waffling around. I just hope he does not go overboard with rate hikes. Pundits say 2 more rate hikes are already factored into the market. Hm. I don't know about that. Anyhow. We will see what will happen tomorrow. Overseas markets don't look too great after the pounding our markets took on Friday. This should make you feel a bit better. gg. dailynews.yahoo.com Clinton. 5th worse Presidency sounds like a pretty good rating. I heard worse. He did preside over a good economy but had plenty of help from the Republican controlled Congress and Senate. They did not let him spent too much over budget and the cap gains reduction pulled in a lot of new money for the GVT. Pentium talk. dailynews.yahoo.com Sonny

To: Frank Ellis Morris who wrote (25465)	2/21/2000 12:29:00 PM
From: Sonny McWilliams	Respond to of 27012

Frank. Our fav. subject right now. Greenspan. gg. I just listened to "In the Money" on CNN. They had Ben Stein on. I guess an economist and now also a spokesman for E-trade. He called A.Greenspan a long time family friend, if I got that right, and he said that A.G. has done a tremendous job in the FED, one that he could not duplicate by far. But he did not understand what A.G. is doing at this time. He thinks that it is NOT the FED's job to control the stock market or give opinions on how high or how low the market should go. He said: A FED should not single out one entity in the economy, like the stock market, as inflationary. He mentioned: Should it be the FED's job to put a lid on other things, like oil, housing, commodities etc? NO. He said the FED's job is to control the dollar and the currency. He said he has no idea what A.G. is trying to do. But whatever he is saying about the stock market is out of place for a FED. So here is a guy who loves Greenspan, and supposedly knows him very well, but doesn't understand his policies anymore. He does not understand what Greenspan is trying to prove. I guess most of us are getting the idea that Greenspan is walking a tight rope because he does not know what's going on with this new paradigm. I hope it will not cost us plenty by the time he figures out which way he wants to guess. Like I said earlier. I guess A.G. is starting to feel his oats or maybe he IS starting to feel too important. The last scenario has never worked out too well in history. Now don't go overboard with this post. gg. Sonny