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Technology Stocks : All About Sun Microsystems

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To: High-Tech East who wrote (41632)2/26/2001 6:01:15 PM
From: Charles Tutt  Read Replies (1) of 64865
 
At least it'd get us lower faster. Assume that, without any panic, Greenspan et al have already decided that they're 200 basis points too high, but that 50 basis points at a time is all the market can absorb without a panic. Then the quickest way to get back where we belong is by a series of 50 bp drops, and the quicker the better.

But the other case can also be made.

JMHO.

Charles Tutt (TM)
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