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To: Zeev Hed who wrote (19038)	2/10/2001 9:47:35 AM
From: Win-Lose-Draw	Respond to of 60323

Besides, if the bush whitehouse is colluding with the trilateral commission or aliens for Alpha Centauri or whoever to "fix" equity prices, why have they done damage to their supposed friends at oil and pharmaceutical companies? To name but two, XOM and MRK are both down a chunk since the election.

To: Zeev Hed who wrote (19038)	2/10/2001 10:45:53 PM
From: Craig Freeman	Respond to of 60323

Zeev, when private individuals meet in secret and agree to artificially affect a market, that's a crime. When Alan Greenspan meets with his associates in secret and they agree to artificially affect a market, that's "government in action". IMHO, we live in a political environment where individuals trust government absolutely and government distrusts individuals absolutely. I'm not saying whether that's good or bad. It just is. As to whether the tech stocks can "achieve that goal all by their little self", I disagree. Tech stocks function according to the same rules as every other type of stock ... perhaps more so. The elasticity of demand for tech goods is far higher than the demand for -- say -- toilet paper. Every family in America uses a whole lot of toilet paper every day -- and they aren't likely to stop using toilet paper any time soon. On the other hand, a recently fired etoys.com technician is very likely to delay a needed upgrade for his/her current PC. Craig