Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?

To: Captain Jack who wrote (89375)	1/31/2001 9:58:53 AM
From: MeDroogies	Read Replies (1) \| Respond to of 97611

Really? I think that's a bit odd considering Rubin wasn't there for the first 6 of those years, and his predecessor wasn't a high flyer (IMO). Also, weren't the last 2 years among the best in terms of growth? If you look closely, inflation has jumped quite a bit in the last 2 years (probably due to the heady growth). So, there wasn't a "supposed" fear of inflation on AG's part...it was quite real. I'll admit most of it was related to energy costs, which he has limited ability to contain. However, he certainly has the ability to slow growth, which would slow inflation. Given that growth was quite high (and considered overheated by many observers), he did the right thing. I haven't disagreed that PERHAPS the last rate rise (or 2) were misguided. But I'll eat my hat if you or 240million other people had a better idea of what was really going on.