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To: Mike M2 who wrote (50328)12/21/2000 11:32:42 AM
From: flatsville  Read Replies (1) | Respond to of 436258
 
Mike--

I thought democrats cared about the working man?

No WS experience could mean no WS sensitiviy and gaffs that sink the market.

A weak U$D perspective as an exporter might lead to a "too weak" stance that sends foreign investors fleeing.

Should either of those scenarios play out I don't think the "working man" will be "cared for."

I get the distinct feeling that many on the board feel they fallen into a Consevative/Republican wonderland. They're not looking at the appointments, who's really making them and why critically.

per a blurb I just heard on CNBC today which relates to something I heard on BBC two nights ago--

Anyone who is long or thinking long US stem cell companies or those companies that have stem cell as core development might want to reasses their position. As you may know Tommy Thompson's name is being thrown around as Sec. of HHS. Who heads up FDA will be crucial. The Brtis just made a play two days ago to be the "stem cell research" haven of the world. Interesting, no?

Looking at these appointments from a critical/opposite perspective might be good for your financial health.



To: Mike M2 who wrote (50328)12/22/2000 2:12:21 AM
From: Simba  Read Replies (2) | Respond to of 436258
 
Mike:

Well said. I do believe that in spite of the 50% nasdaq haircut, it has happened slow enough that wall street and the insiders of the dot.con and tech companies have pocketed the hard-working man's savings.

As Bill Fleck says Alan Greenspan and Rubin were fully responsible for this transfer of wealth. I saw a show on CNNFN on the dot.con crash and they were trying to lay some of the blame on analysts like blodget and meeker and they asked Prof. Jeremey Siegel ("stocks for the long run" book author and Wharton prof. of finance) if wall street was to share the blame. Prof. Siegel made an irresponsible comment in my opinion. He said the retail investor is fully to be blamed for being greedy and gullible.

Simba