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To: Victor Lazlo who wrote (27455)11/20/1998 8:27:00 PM
From: JBL  Read Replies (3) | Respond to of 164684
 
Which is more likely :

1. The most serious financial crisis in 50 years was resolved in 1 month. We are in a bull market, the Dow will go significantly beyond its July high over the course of the next few months, and net stocks present market cap will be multiplied several folds. (Ebay at $ 20 Billion ? )

2. This is a bear rally provoked by Fed's determination to avoid a crash landing of the world economy.




To: Victor Lazlo who wrote (27455)11/21/1998 3:20:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 
Glenn, they have really made their name on this one! They are smart people.

Victor,

Yes they are. It is a win win for Kleiner Perkins.

Glenn