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Technology Stocks : Lucent Technologies (LU) -- Ignore unavailable to you. Want to Upgrade?

To: LLCoolG who wrote (4228)	9/18/1998 12:20:00 AM
From: ed	Respond to of 21876

PRESIDENT CLINTON SAID " US needs to work with the world leaders to save the world economy " , AG said " We know US can not be immune from the down turn of the world economy alone, but we have no plan to coordinate with the rest of the world to drop rate, which will give a push to the world economy " !! So, the picture is clear, both Clinton and AG knew that we are close to a recession, but they have different proposals. Clinton wanted to save the world economy, AG want the US and world economy sink into a recession or even depression. US can not be alone when the rest of the world is in a recession, the same theory hold for LU, LU can not hold its price when the rest of the market is in a prolong and serious down turns. That is why the good news did not work this time. We are now close to a recession, and the danger of deflation is just behind, and FED have no plan to save this economy, so for sure , by this time of next year , we will be sitting in the middle of a deep recession, the unemployment rate is high ( 8%), mess lay off from every company, Federal's deficit will go sky high. Mess bankruptcy in industries. So guys, prepare for the coming big earth quakes.