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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (17280)	9/11/2000 2:31:40 PM
From: Archie Meeties	Read Replies (2) \| Respond to of 436258

LOL. It's just paper. I found this tidbit from our helpful friends at LEH. I'm sure these comments spring from their concern for the financial security of jqp. Lehman Bros analyst Jeffrey Applegate said current stock market risk remains "well below where it was 10 and 20 years ago" despite the rising share of technology stocks in the S&P 500. "Lower risk is mainly the result of good conduct of public policy," said Applegate in a brief research note issued Monday morning. He continues to see the Federal Reserve's interest rate policy as the "dominant variable that impacts stock market risk," adding that the outlook for this policy looks pretty good. "Our stock market risk model forecasts slightly lower market risk next year,"