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Technology Stocks : Compaq

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To: ed who wrote (8673)11/7/1997 4:28:00 PM
From: Dr. Doktor  Read Replies (2) of 97611
 
ed,
Thanks for your response but I did'nt say we had INFLATION. I said we had new INFLATION WORRIES as in a tight labor market and rising wages leading people to worry about possible increase in interest rates by the Fed. I agree with you, I don't think it will happen but I believe the worry helped to fuel the selloff in stocks today. Thanks again for your response. BTW, how did you come to the conclusion that Greenspan has thoughts of decreasing rates or is this speculation?

Regards,
DOK
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