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To: ENOTS who wrote (14503)10/12/2000 11:01:11 AM
From: Sam  Read Replies (1) | Respond to of 21142
 
I said a long time ago that Greenspan had already gone too far. I now firmly believe that the November FOMC meeting will have a rate reduction. Washington always goes too far in their attempts to control.



To: ENOTS who wrote (14503)10/12/2000 11:04:10 AM
From: GraceZ  Read Replies (1) | Respond to of 21142
 
as stocks continue to fall, it destroys the wealth feeling of people, even the ones not involved, for they know the end effect will be, and soon layoffs start!

And guess what people will need when they no long feel wealthy? Cheap entertainment! VOD is the perfect recession play. If you feel you can't get that big new house, that expensive car....you turn to small rewards like, "Want to stay in and order a movie, honey?"