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Technology Stocks : Aware, Inc. - Hot or cold IPO?
AWRE 2.160-1.4%Nov 28 9:30 AM EST

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To: Scrapps who wrote (7727)2/22/2000 12:57:00 PM
From: Jess Beltz   of 9236
 
The Naz is trailing lower. Expect this sorry stuff to continue until the conclusion of the Chairman's testimony tomorrow. Everyone knows pretty much what he's going to say:

(1) There are inflation dangers
(2) There is the real possibility of a speculative bubble in some asset prices
(3) We are going to take rates up another 25 basis points, (50 possibly, but really rather unlikely) and
(4) We will continue to monitor the situation and take action as needed.

Still, the market (especially day traders) have to have this little hissy fit until its over.

Look for a big day on Wednesday afternoon, barring a meltdown.
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