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Technology Stocks : America On-Line (AOL)
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To: Tom Tallant who wrote (22653)6/16/1999 4:35:00 PM
From: Tunica Albuginea  Read Replies (2) of 41369
 
Tom Tallant: Wayne Angell, ex-Fed Governor just on CNBC:
-" I don't think the Fed needs to raise interest rates ".
-"There is nothing the Fed knows that we don't know".
-"Maybe the Fed should realize they made a mistake in thinking we need to raise rates ".
There it is Tom: fresh from the horses mouth. As much as the downcast CNBC anchors were trying to get him to say " raise interest rates ", Wayne stood his ground: " we don't need higher rates.

<VBG>

AOL : 106 6/8

TA
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