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Technology Stocks : Dell Technologies Inc.
DELL 138.98+4.0%Dec 4 3:59 PM EST

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To: Lee who wrote (138151)7/31/1999 2:52:00 AM
From: JRI  Read Replies (3) of 176387
 
Hey Lee, great recap on the Fed, conditions etc...I gladly read your summaries, even if we differ (ever so slightly) on where rates should now be and/or how real is the threat of inflation now...

Any comments on my scenario that we will see lower rates (down to 5.50%..maybe even a tick lower) between now and end-of-year, due to (1) Y2K-Greenspan not willing to act before Jan. 1, 2000 (2) Weak recoveries around world (3) "Safety haven" of U.S. Treasuries being bought by panicky foreignors (due to Y2K) (4) "Overreaction" of current corporate bond spreads narrowing....less corporate supply to compete with U.S. gvt. debt as end-of-millenium approaches (5) Some signs (at least to me) that U.S. economy slowing (2.3% GDP, consumer confidence figures lower, etc)..What's your prediction for rates between now and end of year?

BTW- Do you think, if I start spreading the word, that the next millenium REALLY doesn't start until January 1, 2001 (true), that this would delay the Y2K Bug until that date <g> Just a thought...
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