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Technology Stocks : How high will Microsoft fly?
MSFT 430.29-0.7%Jan 30 9:30 AM EST
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To: John F. Dowd who wrote (48246)7/28/2000 7:22:16 PM
From: Brian Sullivan  Read Replies (1) of 74651
 
The consensus thinking on Wall Street is that with such rapid economic growth the street figures that Alan Greenspan will have to raise rates by a half point at the August FMOC meeting.

Thus the market has to price the half point increase now.

Even so MFST has held up very well during the recent NASDAQ pull back, it's actually up over 2% the past three days. Where as the QQQ is down over 9% an the semiconductor stocks have absolutely been clobbered this week
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