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Technology Stocks : eidos--maker of Tomb Raider
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To: THIERRY ANNEZ who wrote (1402)10/8/1998 10:35:00 AM
From: Bleeker  Read Replies (1) of 1773
 
Told you Bank of England would ease. There will be more cuts as
the UK economy continues to cool off. Of course, it doesn't help
much that the BOE--in a show of bravado--tightened rates like crazy
this past year before the easing cycle which has just begun. That
short-sighted and ill-timed policy I think will result in a sharper
economic downturn in the UK than in the US. But it will take time
for the slowdown to set in: it's not going to be a fun process.
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