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To: Saturn V who wrote (123570)	12/21/2000 1:21:40 PM
From: Chris Carlson	Respond to of 186894

Saturn V, re:"The extensive and massive vaporation of wealth could rapidly lead to a massive and prolonged hard landing. I wish Greenspan sees the danger, and cuts interest rates immediately." Greenspan has been overtly concerned with this very possibility for a long time, actually! But I agree. The issue is: What is he going to do about it?

To: Saturn V who wrote (123570)	12/21/2000 1:22:49 PM
From: Tony Viola	Read Replies (1) \| Respond to of 186894

Saturn, I don't know where you live, but I live in the SC Valley and there was no April bloodbath in houses here. Hardly a pause. Now, as you say about right now, it's hard to say because few people move during the holiday. As for as the dot coms, there really isn't a concentration of them here as there is a concentration of hardware, software, network, etc. companies. Actually, I believe it's south of market in San Francisco that has, or had a plethora of dot com companies. This valley, being mostly infrastructure companies oriented, is what undoubtedly kept the real estate market so high. Tony