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Technology Stocks : JDS Uniphase (JDSU)
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To: Michael Dean who wrote (4307)1/12/2000 11:45:00 AM
From: Hank Stamper  Read Replies (1) of 24042
 
"Certainly the market is showing concerns about interest rates, but Mr Greenspan has to walk a very tight line. "

The Greenman will try to walk the tight line. However, make no mistake, he will slow the economy, tight line or not. That means corporate revenues and earnings will be slowed.

It will happen. And, the question remains: at what point will the restrictions in money supply growth and increases in rates take a bite out of the over-valued mo mo stocks?

Ciao,
David Todtman
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