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To: Tony Viola who wrote (128863)3/2/2001 4:38:59 PM
From: Road Walker  Respond to of 186894
 
Tony,

re: He overdid it. He went after a small amount of inflation with six rate hikes, then missed the off the cliff reaction in Q4, waiting until Q1 to start reversing. Tell all the people being laid off that it's an art Greenspan does.

Yep, he did. You want the job?

He sure is an easy target. Larry K. about to come on... time to walk the dog also.

John



To: Tony Viola who wrote (128863)3/2/2001 4:43:05 PM
From: Gary Ng  Read Replies (1) | Respond to of 186894
 
Tony, Re: He overdid it. He went after a small amount of inflation with six rate hikes, then missed the off the cliff reaction in Q4, waiting until Q1 to start reversing

I am with John on this. I would say he didn't down it fast enough and hard enough. If instead of series of 25 basis point cut but like this time 50 basis point each, we may not be able to see NASDAQ above 5000 at all.

gary


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