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: t2 who wrote (24902)	6/25/1999 6:42:00 AM
From: limtex	Read Replies (1) of 74651

tech 2000 - Not a sniff of inflation not a tiny trace of it and yet the long bond was just over 6.2%, and presumably will be on its way to 7% by this evening. Is this the Fed who are just scared stiff of a stcok market fueled by a technology revolution that that just don't understand? What is the idea to scare everyone to death so that the market drops 3,000 points. It does upset me a little that people keep giving the Fed the credit for this fantastic period of growth but IMHO this is mainly due to the likes of MSFT, INTC, CSCO, the telecom companies, the biogen companies, the wireless companies and latetly the Internet. The Fed didn't invent these things and the Chairman has said that he doesn't really understand what is happening. This technological revolution gives of wealth in a way that the Chairman ought to understand it ie the old fashioed wway...they earned it. Putting up interest rates gives people the opportunity to make money the new way, to get real interest way over the rate of inflation for no risk.....ie by not earning it. Now thats the way to put an end to nine years of growth in a big hurry. Sorry to moan but I appreciate your views and I had thought after the CPI figures that we had gotten this interest rate increase absurdity out of the way. Best regards, L

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next