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To: Alex who wrote (23492)	11/27/1998 2:33:00 PM
From: E. Charters	Read Replies (2) \| Respond to of 116753

I recognize that Korea is dangerous, but think of it. The world's greatest Nuclear Superpower is lecturing a weaker nation: "if you don't stop making those nuclear weapons we will nuke you". Where do we have the authority, moral or otherwise? Just askin. EC<:-}

To: Alex who wrote (23492)	11/28/1998 1:18:00 AM
From: PaulM	Read Replies (1) \| Respond to of 116753

An original take on recent M2/M3 increases: "Greenspan's Quite Bailout" gold-eagle.com P.S. Just look at he result of FED intervention. How long can the govt sustain PE's of 30? (That's the "cheaper" blue chips of course, the NASDAQ trades at much higher multiples.) Assuming no severe loss of confidence, if the market merely chose to value stocks at normal historical levels , say a PE of 15, (implying a 50% drop) the U.S. would take an enormous economic hit.