InfoSpace (INSP): Where GNET went! Message Board

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Technology Stocks : InfoSpace (INSP): Where GNET went!

INSP 89.89

+8.0%

Nov 21 9:30 AM EST

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To: Lizzie Tudor who wrote (8346)	6/24/1999 10:50:00 PM
From: GraceZ	Read Replies (1) of 28311

some speculation that a .75 hike was due I'm hearing this more and more. Fed still fighting the last war and all (housing prices in California not-withstanding) ''The Internet is a powerfully deflationary force in the world economy,'' Steinberg said. ''It's going to make prices come down.'' I've been saying something like this for a while about technology having a deflationary effect on the rest of the world. I can't tell you how many times a client of mine tells me that they are waiting to buy a certain piece of equipment until the price comes down. No one expects all three quarter point hikes at once, but I believe we will see them over a few months....perhaps two and a wait and see if we melt down for Y2K.

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