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

To: Ramsey Su who wrote (22338)	7/31/1998 1:54:00 PM
From: Teri Skogerboe	Respond to of 70976

Ramsey, Re: "With the yen now breaking 144, approaching the 145 level when Rubin gambled with a couple billion of OUR money, how much refugee money will be coming? Initially, this may continue to support our bubble, especially for the big cap stocks that have international name recognition. Eventually, we all know this is the type of ponzi scheme that kills all markets. Furthermore, it is draining capital from countries which sorely need it the most." Couldn't agree more. Re: "By the way, I think your 50 million 401K accounts are too high. 50 million is 1/5 of the population. My guess would be less than half your projections." Those are actually Gottfried's "pulled from thin air" discussion numbers. I was making reference to his comments. I tend to agree that the numbers are probably somewhat high. Teri