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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Gottfried who wrote (17289)3/6/1998 11:16:00 PM
From: SMALL FRY  Read Replies (1) | Respond to of 70976
 
GM,<<<OT>>>
Re: I remember reading an interview with Kurlack some time back
where he actually gloated because his comments 'brought down'
an industry. I think his phrase was "we pulled the plug". Some of
these guys have to enjoy their power too much. But then, Mr.
Greenspan - whom I respect - also wields far too much influence.
Or is it because we grant them that influence? What if Alan or
Tom said "the sky is falling" and nobody sold?


It's sad...you're right. And, he will gloat more this year...

The truth is I don't like the guy, but you have to give him credit for taking the heat. It's unpopular to drop that so called "monkey wrench" when the motor is revving at high RPM. Like all analysts, he picks his spots...of course, a calculated risk. That's his livelihood. Greenspan is my man...he holds more clout than any 3 presidents we had recently.

Still waiting,
SF



To: Gottfried who wrote (17289)3/7/1998 12:10:00 PM
From: Teri Skogerboe  Read Replies (1) | Respond to of 70976
 
GM, ***Off-Topic***

Yes, he said some things he probably shouldn't have. But which of us hasn't done that? This is about making money, not a popularity contest.

Wonder why the IBM thread is so quiet?

TS



To: Gottfried who wrote (17289)3/7/1998 1:49:00 PM
From: Paul V.  Read Replies (1) | Respond to of 70976
 
Gottfried, >Or is it because we grant them that influence? What if Alan or Tom said "the sky is falling" and nobody sold?<

But, looking at their forecast in another way, if they did not make such forecasts we would not have volatility and the chance to buy at such great prices.

The individuals who do not do their homework can really get stuck buying on the high side. Then, if they panic and sell they can lose their cookies.

Just my opinion.

Paul V.