How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 492.06

+0.2%

3:59 PM EST

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To: Frank Ellis Morris who wrote (27369)	7/26/1999 4:52:00 PM
From: Gerald Walls	of 74651

You cannot have the kind of power that Greenspan has and tell the people that you would raise interest rates aggressively at any hint of inflation. Give us a break. He is doing nothing but manipulating and stirring a panic. I happened to listen to part of Brinker's radio show on Sunday and he said that if Greenspan was serious about all the concerns that he's been jawboning about then he'd raise margin requirements to 80%. That he hasn't, according to Brinker, casts doubt on his actions. Brinker, BTW, is currently bearish on the market and said that he wishes Greenspan would raise margin requirements to 80% to bring the market back down to reasonable valuations. He was bullish last October, if I remember correctly.

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