Adobe is it ready to move up? Message Board

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Technology Stocks : Adobe is it ready to move up?

ADBE 339.24

+0.4%

Oct 30 4:00 PM EDT

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To: who wrote (42)	6/28/1996 9:41:00 AM
From: Joan Osland Graffius	of 89

Interest Rates - One interesting thing is when the Feds start raising rates, this means a policy change. In other words when they raise rates once it will more than likely happen again. Or in other words raising rates means there is an economic problem the feds are trying to solve and generally they take it slow and easy until the problem is solved. The fed does not solve problems that are going to happen they solve problems that have happened. They are a reactionary organization. Now the question is what problem do we have today that the fed needs to solve. Run away inflation, I don't think so. It looks to me like companies can not pass on increased costs to the public and they must find more efficient ways of doing business like the food industry. We know they have sloppy and costly distribution systems. Which certainly can be made more efficient by the industry. We know now the metal commodies run-up was caused by someone trying to manupliate the market. Food inflation is temporary, on-and-on. Bottom line is what problem does the fed need to solve today. Just some thoughts, Joan

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