PC Sector Round Table Message Board

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Technology Stocks : PC Sector Round Table

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To: Frodo Baxter who wrote (1048)	10/16/1998 2:36:00 AM
From: LK2	Read Replies (1) of 2025

Lawrence, instead of tearing into Yogi, who often contributes some really nice ideas, and is a gentleman as well, could you turn your attention to the Fed rate cut yesterday? What is your view on the current market outlook? Does the rate cut (the second in a very short time-frame, and the first intermeeting rate cut since April 1994) mean the stock market has already bottomed? Granted, the Fed doesn't control the stock market directly, but people usually think the Fed can have a powerful influence on it. Regards, Larry

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