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To: Investor2 who wrote (5370)6/4/1998 1:44:00 AM
From: Skeeter Bug  Read Replies (1) | Respond to of 42834
 
to all:

economist.com.

>>As the Fed itself says: "There is no means of knowing beyond
question how far this recent rise in stock prices represents excessive speculation
and how far a readjustment of values to increased industrial efficiency [ . . . ]
and larger profits." Actually, it was not Alan Greenspan who said that. This is an
extract from the Fed's minutes exactly 70 years ago, in 1928, on the eve of the
Wall Street crash.<<

the more things change the more they remain the same... ;-)