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Technology Stocks : Dell Technologies Inc.

DELL 132.08

-0.8%

3:59 PM EST

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To: D.J.Smyth who wrote (133871)	6/22/1999 4:45:00 PM
From: Frank Ellis Morris	Read Replies (1) of 176387

RE High Interest Rates on the 30 Year Bond <<what is absurd is not that the rate is 6%, but that CNBC and other media types are stating this could be 1987 all over again. in 1987 the long bond was over 9% before the market tumbled. everything is relative, but we have 6.06% compared to 9.35% in 1987 <<< Darrell, this time around the tolerance has been lowered to 6% and if something is not done to correct this crisis we are going to get smashed as the talk of fear will become a self fulfilling prophecy. We have a time bomb ticking here and after today there is going to be little tolerance for the long bond staying above 6%. Those people who have the power to do something better get off their butts and calm things down. Frank

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