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Technology Stocks : Atmel - the trend is about to change
ATML 8.1400.0%Apr 12 5:00 PM EST

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To: William Grady who wrote (8749)8/14/1998 6:04:00 PM
From: JDN  Read Replies (1) of 13565
 
to all: there are things more interesting than Clintons testimony. for instance, there is a rumor going around the FED may ACTUALLY reduce interest rates even if only a 1/4 point very shortly. Why, cause this would boost markets around the World and take some pressure off Japan, China and Russia. There is no inflation anywhere in the world and in fact deflation is becoming an evergrowing threat. Russia may fall apart in 2 weeks or so if something isnt done quickly. This could buy them some time and right at this moment the treasuries are BELOW the funds rate so it makes some sense. if this were to happen can you imagin the new mood in town? JDN
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