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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic -- Ignore unavailable to you. Want to Upgrade?


To: Frank Ellis Morris who wrote (20973)9/17/1998 11:42:00 AM
From: greg s  Respond to of 27012
 
G'Morning, Frank, Re: companies such as ... Gillette and Coke

Boy howdy, can you call them! Key consumer stocks all down this AM ... Gillette, Coke, P&G.

Sure hope Alan G. is only being coy WRT rate cuts.

Hope you have an excellent day,
Greg.



To: Frank Ellis Morris who wrote (20973)9/17/1998 5:45:00 PM
From: Sonny McWilliams  Read Replies (2) | Respond to of 27012
 
Hello Frank. I guess we have to disagree on Greenspan even though you have heard me griping about his speeches many times. I still believe that Greenspan is the best FED Chairman we ever had. If you read up on it some more you may be seeing it the same way. Yes, I agree with you that he can move the markets tremendously and does so quite frequently in the last sev. years. I do feel, after listening to sev. Economists I like, that he is too slow on cutting interest rates at times and was too fast on raising interest rates a while back. That rate hike was my biggest gripe against him in a long time and now the slowness of cutting the rates. But I am not an expert in this. I listened to some GOV in the better economic States and hear that inflation is more a threat there than deflation. This intl. monetary problem puts Greenspan really between a Rock and a Hard Place. I don't believe that he is against the markets, he just feels that overly high stock prices may make people feel complacent and make them feel so rich that they take on lots of debt and if the market crashes would be in dire trouble. I personally like the markets to go up, up and away. gg. How were your stocks doing under prev. FED Chairmen? BTW, Mr. Greenspan is only the head of the FED but does not control the vote. He has a great input but in the end all work together. Yes, he was partly to blame with his Greenspan speak yesterday but like I said: I don't believe that it was the only reason.

Message 5778673

I am playing with Amzn, Seek, Psix and Nscp. Enough not to get bored. gg.

Sonny



To: Frank Ellis Morris who wrote (20973)9/18/1998 4:44:00 AM
From: margaret tasset  Read Replies (1) | Respond to of 27012
 
Good morning Frank, I guess I am the early bird this morning. About Gillete and Coke and their taking a beating, how much are they down and do you think that this is a good time to buy them. Have you heard any downgrades or anything on them.

As soon as we get some stability in the market, I think that Intel will do great as I just keep hearing good things about it and technology. I read today that only 30% of homes have computers today and with so many people getting into the internet and so many businesses are using technology more and more, we cannot go wrong to stick with our stock.

I know that you are happy to have some time off. Have a great week-end.

Warm regards,
Margaret