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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets! -- Ignore unavailable to you. Want to Upgrade?

To: WTSherman who wrote (8600)	9/16/2000 12:56:09 PM
From: Zeev Hed	Respond to of 10921

Sorry, delete, SI duplicate. Zeev irrevolute.iuma.com

To: WTSherman who wrote (8600)	9/16/2000 12:56:30 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 10921

WT, I do not think that the municipal markets have either the liquidity nor the safety (remember NY and Orange County) associated with what is required from pension funds and Insurance companies. I think however that you are right, and consistent budget surplus are going to act as retraining elements on the economy's growth and a recession will ensue. A recession surely will blow the budget. By the way, in recent years, some municipalities and states have been running budget surpluses as well. Zeev irrevolute.iuma.com