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Technology Stocks : Dell Technologies Inc.

DELL 130.20

+0.2%

1:30 PM EST

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To: Mohan Marette who wrote (40956)	5/8/1998 11:15:00 AM
From: Lee	Read Replies (1) of 176387

Hi Mohan,..*Off Topic* You are right that the Fed might have to raise rates later on, but there is also the possibility that the market will do it for them too. You know with this tight labor market that the bond market will be constantly reminded that things are precarious so bonds might just worry themselves up to 6.1% and the Fed might not have to do anything. Also, if we run out of workers, won't the economy just slow by itself anyway for lack of anybody to run the machines or sell the goods? I also agree that a 25 basis point hike won't do much to hurt this economy but I would be mightily worried about Hong Kong and China and Japan. Some currencies are still pegged to the dollar and a stronger dollar could be really a big obstacle for those trying to maintain an equal footing. But these are jmho Regards, Lee

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