Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: Ramsey Su who wrote (13007)	7/27/1998 1:19:00 PM
From: DaveMG	Read Replies (4) \| Respond to of 152472

Ramsey, I got the impression from Greenspan testimony that he would like nothing better than a nice calm drip by drip, 30 pts here 50 there, mkt correction that brought us down to less exalted levels, that he certainly wasn't going to encourage any more speculation by dropping rates.I'm wondering if we did get say a 20% dip, what he might do then? IMO we have witnessed a failure in the way capitalism sometimes allocates resources. The places which have needed capital the most, ie Asia have seen enormous outflows,cash chasing cash flowing into speculative assets here and in Europe. A moderate correction , if not to speedy, might just be the medicine the global economy needs.. dave

To: Ramsey Su who wrote (13007)	7/27/1998 1:34:00 PM
From: Jon Koplik	Respond to of 152472

To you guys - it is Barton Biggs, you know ... Jon.