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Technology Stocks : Applied Materials No-Politics Thread (AMAT)
AMAT 268.72+1.3%Dec 3 3:59 PM EST
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To: Proud_Infidel who wrote (18934)5/17/2006 9:01:56 AM
From: Proud_Infidel  Read Replies (2) of 25522
 
Another so-called expert's opinion is way off......one by one they seem to fall, yet their credibility seemingly never does.....

A year ago, Bill Gross, the manager of the world's biggest bond fund, said he believed the 10-year Treasury rates could stay in the 3- to 4.5-percent range during the next three to five years.

Now, with the 10-year above 5 percent, Gross, manager of the PIMCO bond fund, admitted in his most recent forecast that he was obviously off-base.



money.cnn.com
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