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Technology Stocks : LSI Corporation
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To: Haim R. Branisteanu who wrote (7426)10/25/1997 2:43:00 PM
From: kech  Read Replies (1) of 25814
 
Haim - What is the logic of doing this when the recession in the far east will provide low cost inputs from there and reduce demand from many US companies. The latter effect will reduce wage pressure plenty. QED: No need to raise rates. Further, raising rates would simply exacerbate capital flight from SEA - not help it. If Greenspan is responsibile at all he will hold off IMHO.
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