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Technology Stocks : WDC/Sandisk Corporation
WDC 168.01-1.2%1:31 PM EST

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To: megazoo who wrote (10944)5/10/2000 3:34:00 PM
From: Rocky Reid  Read Replies (1) of 60323
 
I have a limit buy order on SNDK at $48. Maybe it won't ever execute. But sadly, I think it will before this is all over.

I know from my own spending habits that the economy MUST be overheating. I consider myself pretty conservative when it comes to spending money, but my major purchases this year lead me to believe that Interest rate MUST go up SIGNIFICANTLY . I'm talking 1 full point or even 1 1/2 to put a lid on things and stay ahead of the curve.

Right now, I believe the Fed is way behind the curve and should have raised Interest Rates a long time ago. I still think we are at least months away from any significant Market recovery.
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