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To: Joseph Pareti who wrote (54808)9/29/1998 1:35:00 PM
From: James A. Venooker  Read Replies (2) | Respond to of 61433
 
Dear Joseph,

Are we having a bad hair day? Geez..and I thought I have read some pessimistic threads, but I think this one takes the cake!!

Every upside has a downside.

"fed stays put" WON'T HAPPEN!

50 basis points likely, 25 less likely, we will find out any minute.

As for the other issues you raise, have these issues changed significantly over the past 3 months? Has the market already figured these problems in.

Either way, the glass is either half empty or half full.

Good luck,

Jamie



To: Joseph Pareti who wrote (54808)9/29/1998 3:02:00 PM
From: James A. Shankland  Read Replies (1) | Respond to of 61433
 
I agree with your cautionary note, and your specific concerns, except:

How about political stability with Europe drifting away to a communist-like era

On my planet, Earth, we also have a continent called "Europe"; but it is doing no such thing.