How high will Microsoft fly? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : How high will Microsoft fly?

MSFT 507.49

-0.6%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: John F. Dowd who wrote (24767)	6/23/1999 6:22:00 PM
From: t2	Read Replies (1) of 74651

JFD, I don't mind a 1/4 rate hike. All the rumors we have been hearing are just nonsense--for example Ron Insana on CNBC stated one rumor was proved to be false (of a 1/2 point raise). The good thing about a little rate hike is that later, more room is made for a rate cut if one is required. Remember last year when we had that surprise rate cut and the market just took off. I like that kind of protective power with the Fed. They are getting a little smarter. They don't want to be ridiculed for worrying about inflation when there is no proof of it. They will be "cautious" about any future hikes or even suggestions of them.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next