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Technology Stocks : Novell (NOVL) dirt cheap, good buy?
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To: MskiHntr who wrote (24047)10/24/1998 11:08:00 AM
From: Gary Ku  Read Replies (2) of 42771
 
The price increase is due to .25% interest cut by FED. The action
makes the bulls excited in expectation of further cuts will be in
the way. In reality, no more cuts will be possible. Just take a look
at the bond market, the interests are going up. A great number of
Americans are count on Welfare and Social Security, they can no
inflation eating away their benefits. Any further cuts in interests
will bring Asian problems home.
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