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Technology Stocks : All About Sun Microsystems

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To: NOW who wrote (35425)9/18/2000 5:33:36 AM
From: JDN  Read Replies (1) of 64865
 
Dear davidd: Yes, it is LIQUIDITY or lack thereof which generally chokes off the good times not interest rates. I admit, I believe much of the 1999 runup of stock prices was attributable to the increase in the money supply which the FED instituted partially because of the Y2k fears. I have heard it is being restricted somewhat now, but nothing like what has chopped off other recoveries. JDN
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