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Technology Stocks : Alliance Semiconductor
ALSC 0.8100.0%Jul 10 5:00 PM EST
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To: Lutz Moeller who wrote (6690)12/22/1999 5:14:00 PM
From: Ram Seetharaman  Read Replies (2) of 9582
 
All I see is - interest rates are not going to go down during the first quarter of 2000 - they may remain at present levels or go up a tad. But the techs don't give a crap for that - that is the way they have behaved all of 1999. Look at YHOO for example. But - for industrial cyclicals, they are going to have an ulcer watching the rates. As I write, Micron declared phenomenal quarter earnings of $ 1.19 vs. the expected $ 0.85. Tomorrow it will be "Chips - a - hoy". Party on!
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