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Technology Stocks : Buying IPOs on the open market
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To: Kimberly Lee who wrote (3054)10/14/1999 9:58:00 AM
From: westpacific  Read Replies (1) of 5529
 
Agree on Y2K - it has to effect the market. Many people will even sell mutual funds and go into money market or bonds until the New Year. Also we have the Fed very likely to hike rates on Nov. 14th. (I believe they will, concern over doing that close to y2k may not be a concern, Greenspan wants the markets to correct - he has always stood on the position the equity markets were ahead of themselves. He believes a correction is healthy to cool down the economy).
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