How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 491.12

+1.7%

3:59 PM EST

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To: John who wrote (27112)	7/22/1999 1:33:00 PM
From: John F. Dowd	Read Replies (1) of 74651

John: You are absolutely right. Another example of Washington Bureaucrats running away with their egos and running off at the mouth. If you can stand the suspense this economy is just too strong for Greeny and will come back with a vengance and the market with it. He can't raise rates. The dollar will become too strong if he does and we will just import more foreign goods and he will just have excaserbated the problem. Money that should have flowed into US capital markets to produce more goods will flow offshore. Unless the foreigners raise interest rates he can't and I don't see foreigners raising rates. JFD

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