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Technology Stocks : How high will Microsoft fly?
MSFT 472.22-1.3%3:59 PM EST

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To: Frank Ellis Morris who wrote (28057)8/10/1999 9:05:00 PM
From: John F. Dowd  Read Replies (3) of 74651
 
Frank: The odd thing is that real interest rates that is yields less inflation are at an all time high. There is something bizzare about what is going on here Earnings are great, inflation is in check, trhe gov't has a surplus and the rest of the world is recovering. I think Mr. G must have had some words once upon a time with Wall Streeters or have been turned down by GS or ML early in his career. This whole fear of a quarter point hike is irrational. JFD
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