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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Jack T. Pearson who wrote (38326)	7/23/2002 2:55:15 PM
From: Jack T. Pearson	Respond to of 52237

A lot of retirement funds have investments in stocks, as well as bonds. With stock prices seriously eroded, some companies will have to contribute to those retirement funds to keep them sound on an actuary basis. That will affect the bottom line in a quarter or two. Each problem seems to cause multiple problems elsewhere. In physics, we call this a chain reaction--either subcritical, critical, or supercritical. Greenspan ought to consider asking Sandia and Livermore National Labs for some ideas on managing chain reactions. Another analogy: This whole thing is like a self-eating watermelon. There may not be anything left for the buyer of the watermelon.