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Technology Stocks : Compaq

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To: Dulane U. Ponder who wrote (13175)1/11/1998 11:21:00 PM
From: Tmanquinn  Read Replies (1) of 97611
 
These are uncertain times hedging is a good idea for next 4 months at least; 4 ever according to McMillan Jr. (Steve). I think we will not see a blood bath near Hong Kong levels. Money there moving into cash/equivalents set to invest in U.S./Europe. Interest rate hike is more for stabilizing currency than cost-push inflation control. No tandem rates hikes in Europe/U.S. should ease concerns. Hong Kong will come back close to prior levels within two weeks.
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