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To: H James Morris who wrote (34418)1/12/1999 3:19:00 AM
From: KeepItSimple  Read Replies (2) | Respond to of 164684
 
BTW, in thestreet.com for today (tuesday) Cramer stated that he has dumped his Yahoo and AOL and "other small net stocks"..

My personal feeling is the Greenspan is going to do something drastic to stop the madness. He knows if he doesn't soon, every single widower and orphan will invest their last dime in the net stocks.

He has a choice to make, and it is very simple. He can either take the punchbowl away from the party (which he spiked with pure grain alcohol to get things lively) or he can watch people drop dead of alcohol poisoning.

If he takes away the punch, people will complain and grumble and go home to their normal lives. People will hate him.

If he does nothing, our equities markets will make the Japan real estate bubble look tame in comparison, and our economy will go into recession for years.

He knows what he has to do, he just has to grow the balls to do it.