SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Newbridge Networks
NN 12.53-1.5%Nov 19 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jeffrey L. Henken who wrote (4279)4/27/1998 11:12:00 PM
From: Roman  Read Replies (1) of 18016
 
Canelo said he believes the Fed will hold the line on interest rates next month, if only to foster economic stability in Asia.
He also advised investors to buy up "economically sensitive" stocks like those of paper and metal companies, along with shares of high-growth technology firms like Intel.
"If Japan can pull together an economic stimulus plan, which they have, then I think it would be rather inappropriate to suddenly raise rates anyway," he said. "That would push up the dollar, take down the Yen and threaten Southeast Asian stability. It's not likely to happen."
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News