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Technology Stocks : E Loan Inc -EELN

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To: Bipin Prasad who wrote (596)	8/16/1999 10:09:00 PM
From: KENNETH DOAN	Read Replies (1) of 817

Bipin, "Tide has turned around: .50 will not happen, enen .25 is in question after cpi report. .50 has been in the market as of last night. Even ppi is down. Deflation, deflation. Fed won't go against it." Let us all get something straight. 25 basis points is 99.9999999% sure by 8/24 if CPI just come in at estimate. the only way that it's not going to happen is if the the CPI is way below estimate. and we all know that will not happen. You might be right about 50 basis is not going to happen. If actual number is just a little bit over, we will see 25 and a tightening bias for october 30. But if we get a out of control CPI, 50 basis points is back and a tightening bias for 10/30. IMO, CPI will come in at estimate and 25 basis by 8/24 and a neutral bias by Al and the gang for 10/30. Good luck Check out RHAT and BRCD

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