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Technology Stocks : LTX Corp. (LTXX)

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To: daaan who wrote (1710)8/13/1999 2:11:00 AM
From: philip j gerth  Read Replies (2) of 2126
 
I think the market has been spooked by the possibility of a interest rate hike. I am not going to worry until I see a rise of the prime to 8 percent or above. Historically the market responds well in the beginning of a interest rate hike as I recall from my Economics class so long ago. . The charts back this up. So no matter what the fed does (assuming the world doesn't end Jan. 2000) I don't think we will see 8 percent anytime soon. So buy or hold LTX and any other stocks you like and lets ride! Moneyguy
(money talks!" spend me" is what my wife hears!)
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