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To: chic_hearne who wrote (12407)10/9/2000 8:11:56 PM
From: Dan3Respond to of 275872
 
Re: how long did it take RCA to make new highs after the '29 crash?

You should review Milton Friedman's work exploring what happened during the depression. Those who will be controlling the monetary and fiscal response to any significant decline in growth have.

The depression was a horrible comedy of errors - the response to a declining economy was to increase taxes and interest rates!

Things may not always be rosey, but they will not get anywhere near as bad as the depression. They say "never say never", but I think it's appropriate in this case.

Regards,

Dan



To: chic_hearne who wrote (12407)10/9/2000 8:22:11 PM
From: MaverickRespond to of 275872
 
BofA analyst Kurtis King continues to expect a recovery in the PC group as we move through earnings season. Analyst's top pick in the group is Compaq (CPQ 25.48 +0.47).


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