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Technology Stocks : Veeco Instruments-Who?
VECO 29.43+0.6%9:59 AM EST

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To: Carl R. who wrote (1485)9/11/1998 2:28:00 AM
From: Alan Hume  Read Replies (1) of 3069
 
Hi Carl,
in this very turbulent week, we have to date received 3 interesting pieces of information, all of which should help to dispel some of the many uncertainties currently looming:

# Alan Greenspan confirmed that an increase of interest rates is out of question for the foreseeable future
# The Japanese govt. has agreed to allow Japanese banks to use public money to help clear their debts
# Primakov has been nominated as the next Russian PM (an all-round agreeable solution apparently)

On the bad news side we still have the Clinton affair, and this as far as I can see was the main cause of yesterdays drop. It was noticeable that the fall halted after the latter news hit the wire, and the high techs made some recovery.

I predict today as being positive for a change, but having said that, I see the Asian markets did not fare well today.....

Hava a good one

Alan

I would
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