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Technology Stocks : Oracle Corporation (ORCL)

ORCL 214.12

-0.1%

12:19 PM EST

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To: Trey McAtee who wrote (8429)	9/22/1998 9:13:00 AM
From: MeDroogies	Read Replies (2) of 19080

Since Asia represents only 7% of world GDP, it is really meaningless who they are interconnected with. A 25% drop in their payments is only a 2% drop worldwide, and that is spread out over myriad sources, therefore deflected.... Rates need to drop since Greenspan himself has stated that LOW levels of inflation are preferential to NO inflation or DEflation. Since we are stagnant in that regard, it is likely that he will lower rates. Negative surprises are increasing SLIGHTLY, but the rate of positive surprises is flat. The problem is more that companies that were EXPECTED to have positive surprises have come up short....

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