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To: kemble s. matter who wrote (164813)4/18/2001 3:30:12 PM
From: D.J.Smyth  Read Replies (3) | Respond to of 176387
 
kemble. CNBC interviewed a money manager yesterday who proudly proclaimed, "I own not a single technology company. Not a single one. None."

CNBC: What are you buying then?

"Cyclicals, Oils, Retailers, Health Care. But, not a single technology company, not a single one."

(actual conversation...he stated "not a single one three separate times)

My Question: So, we get the point, not a single one. How many times have you used your computer in the last year?

Interpolated response: "Not a single time. Not once. Don't need them. And did I say that I didn't own a single technology stock in my portfolio?"

these are the people that are running America's money mancines.