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To: AllansAlias who wrote (67126)	2/13/2001 10:31:51 AM
From: chic_hearne	Respond to of 436258

Just reviewed Greedspin's text and I see that he makes a fairly direct reference to the importance of the market to the economy and to Joe Consumer. This will end badly. As Greenspan has stated many times over the years, he doesn't target the stock market. You must be mis-interpreting his comments. LOL!!

To: AllansAlias who wrote (67126)	2/13/2001 10:37:59 AM
From: oldirtybastard	Read Replies (1) \| Respond to of 436258

According to one prominent survey, the three- to five-year average earnings projections of more than a thousand analysts, though exhibiting some signs of diminishing in recent months, have generally held firm at a very high level. Such expectations, should they persist, bode well for continued strength in capital accumulation and sustained elevated growth of structural productivity over the longer term. I see Greenspan is using the projections of sell side equity analysts these days, isn't that nice?