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To: LLCF who wrote (69552)	2/21/2001 9:04:26 AM
From: Box-By-The-Riviera™	Respond to of 436258

Greenspan Counsels Senator Shelby on his investment portfolio. Got "should I hold long term?" from noland's piece: Senator Shelby: Mr. Chairman, could you, in a sense, perhaps look at the economy like a long-distance race and the runners, or some of the runners are going -- if the economy is the runner, is going to get its second wind because they're trained for the long haul, we're in it for the long haul, and those who are in it for the long haul, which is all of us, we're going to be rewarded if we stay the course? Chairman Greenspan: Oh, I agree with that, Senator. I have no doubt that at a minimum, that the turgid economic growth which we experienced from the early 1970s through the, say, early 1990s, is not something that we're about to replicate, in any sense that I can envisage, over the next 10 years.”