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Technology Stocks : Dell Technologies Inc.
DELL 133.20+5.7%Nov 26 3:59 PM EST
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To: stock bull who wrote (134300)6/24/1999 1:50:00 PM
From: Mohan Marette  Read Replies (2) of 176387
 
<-OT->Stock bull,your concern sir, is unwarranted according to Abby and the other guy from Merrill, I assume they know a thing on two about these things unless of course you want to dismiss them as nincompoophs with no credibility.I can not vouch for that Steinberg guy though.<g>
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Both Cohen and Steinberg also said the recent slump in U.S. government bond prices indicated that market had already priced in two or more potential rate hikes.

''There has already been a de facto tightening in the intermediate and long bond yields in the United States,'' Cohen said. ''They are already up 125 basis points. Bruce pointed out...that's the equivalent of two or more rate increases on the part of the Fed.''
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