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To: Ibexx who wrote (15031)	12/19/2000 11:46:32 PM
From: Gerald Walls	Respond to of 24042

Bush Sr., to this day, still blamed Greenspan for contributing to his defeat in 1992. AG simply refused to yield to political pressure to cut rate at an earlier stage to avoid a recession. And it's ironic that while Clinton was campaigning he called the economy "the worst in 50 years", but now he includes that very year in "the greatest peace-time expansion ever." I vividly remember how just a few days after Bush lost the election the economic reports showed that the upturn had started. Of course, if one were paranoid one might say that this time around Greenspan tried to engineered a recession in a bid to keep Gore and his radical environmentalism from truly wrecking the economy. If so he almost didn't start soon enough...

To: Ibexx who wrote (15031)	12/20/2000 1:07:30 AM
From: Tunica Albuginea	Respond to of 24042

Ibexx, AG is too old to detect the rapid heart beat of a failing heart. Only when heart sounds completely disappear and the heart goes silent can he reliably come out and declare death and thus lower interest rates. The only thing that saved Alan G in the last 12 years are -the Reagan initiated marginal capital gains tax cuts -Gingrich Republican implemented Welfare dismantling (which our el presidente promptly vetoed ) -the technological revolution improving productivity -the temporary KO of the oil cartel TA ============================================================ Message #15031 from Ibexx at Dec 19, 2000 10:49 PM Bush Sr., to this day, still blamed Greenspan for contributing to his defeat in 1992. AG simply refused to yield to political pressure to cut rate at an earlier stage to avoid a recession. I don't think Bush Jr. would have the pursuation power either. AG and company are getting on in years.....out of touch with the contemporaries. Ibexx

To: Ibexx who wrote (15031)	12/20/2000 1:50:26 AM
From: pat mudge	Respond to of 24042

A glimmer of hope from LightReading: lightreading.com But, as analysts have noted before, optical networking and next-generation equipment is likely to continue selling and will thrive in 2001 (see Analyst Report Defends Optical ). Service providers are expected to cut spending on legacy equipment and focus purchases on products that will be able to give them more bang for their buck. "Certain segments like optical networking will probably continue to grow,” adds McCourt. “Carriers will be forced to upgrade their networks to keep up with competition. And they will always opt for equipment that reduces their cost.” In other news: New Focus to expand in China: interactive.wsj.com@6.cgi?mfmuse/text/autowire/data/BT-CO-20001219-005290.djml/&d2hconverter=display-d2h&NVP=&template=atlas-srch-searchrecent-nf.tmpl&form=atlas-srch-searchrecent-nf.html&from-and=AND&to-and=AND&sort=Article-Doc-Date+desc&qand=&bool_query=fiber+optics&dbname=%26name1%3Ddbname%26name2%3Ddbname%26name3%3Ddbname%26period%3D%3A720&location=article&HI= Energis expands in Germany: totaltele.com Alcatel introduces new cross-connect: alcatel.com WSJ feature on Ciena's CTO, Steven Alexander: interactive.wsj.com@6.cgi?mfmuse/text/autowire/data/BT-CO-20001219-003056.djml/&d2hconverter=display-d2h&NVP=&template=atlas-srch-searchrecent-nf.tmpl&form=atlas-srch-searchrecent-nf.html&from-and=AND&to-and=AND&sort=Article-Doc-Date+desc&qand=&bool_query=fiber+optics&dbname=%26name1%3Ddbname%26name2%3Ddbname%26name3%3Ddbname%26period%3D%3A720&location=article&HI=