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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Jurgis Bekepuris who wrote (4462)	7/23/1998 4:27:00 PM
From: Wallace Rivers	Respond to of 78735

*OT* Mr. Alan Greenspan; I think he has done a good job - until now. He and the other governors are terrified and paranoid about wage inflation, and, to a lesser degree, asset inflation. There may be SOME wage inflation (imho not as much as one might believe), but asset inflation (i.e. the stock market), well, in my mind (and according to my portfolio), it's just not there. Unless you have been an exceptionally good momentum player, you have not participated as much as Mr. G might think. It seems there is nil commodity inflation unless you consume 2 or 3 pounds of butter a day for each member of your family. Oil has gone THROUGH the basement, and the CRB is low, low, low. Mr. G - lower 25 basis points: the opportunity is there! I may have posted this or something like this here before - if I have, I apologize, but I got worked up again.