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Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Beachside Bill who wrote (38685)	2/27/2002 11:32:07 AM
From: Nemer	Read Replies (1) \| Respond to of 53068

BB .. I take the liberty to boil down the ongoing speech of a gentleman for whom I have fondness .... Mr Alan Greenspan ------> " On balance, the recovery in overall spending on business fixed investment is likely to be only gradual; in particular, its growth will doubtless be less frenetic than in 1999 and early 2000--a period during which outlays were boosted by the dislocations of Y2K and the extraordinarily low cost of equity capital available to many firms. Nonetheless, if the recent more-favorable economic developments gather momentum, uncertainties will diminish, risk premiums will fall, and the pace of capital investment embodying new technologies will increase. "