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Technology Stocks : Cascade Communications (CSCC)

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To: john g. bartelt who wrote (3069)3/22/1997 10:09:00 PM
From: Soumya De   of 3743
 
If Greenspan increases discount rates, the dollar will rise -- not fall. The only way the dollar will fall is if we decrease out trade deficits which is hard to do since that is a long term structural problem because
a)Our savings rate is so damn low and
b)Almost all the industrialized economies are too slow

I don't see the weakening of the dollar anytime soon
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