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To: Bill Harmond who wrote (7152)5/24/2001 3:22:27 PM
From: Mark Fowler  Respond to of 57684
 
yeap looking good....././ can you say Amzn!!!!!!!



To: Bill Harmond who wrote (7152)5/24/2001 4:10:55 PM
From: craig crawford  Respond to of 57684
 
>> Openwave is 3x off its low last month. <<

Yes, be thankful you have much better prices to lighten up!



To: Bill Harmond who wrote (7152)5/24/2001 8:12:44 PM
From: craig crawford  Read Replies (1) | Respond to of 57684
 
Essentially this Fed governor is saying that the Fed's hands are tied. The markets clamor for more rate cuts, but inflation is picking up. Funny how this guy admits that inflation is running above norm and is at unacceptable levels, yet the Fed said to not worry about inflation a little over a week ago! Sounds like talking out of both sides of one's mouth if you ask me.

Meyer sees risks on both sides
Inflation above 'acceptable' level, but slump still top risk

By Rex Nutting, CBS.MarketWatch.com
Last Update: 4:57 PM ET May 24, 2001



EDINBURGH, Scotland (CBS.MW) - Weak growth and inflationary pressures both threaten the
U.S. economy, a key Federal Reserve policymaker said Thursday.

Full story
cbs.marketwatch.com



To: Bill Harmond who wrote (7152)5/24/2001 8:17:06 PM
From: craig crawford  Read Replies (1) | Respond to of 57684
 
Pay attention to this part William.

"In this case, the decline in equity prices is more than a cyclical correction and more likely a
longer-lasting reappraisal of fundamental risk and value," he said. "And the retrenchment in high-tech
investment also reflects the downside of the frenzy of investment during the early stages of the
productivity acceleration."


Translation: It was a bubble and not just a bull market with a correction and your stocks are never going back to the lofty valuations they once enjoyed.