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Technology Stocks : Dell Technologies Inc.
DELL 132.08-0.8%Dec 1 3:59 PM EST
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To: Lee who wrote (75122)10/28/1998 9:41:00 AM
From: Mohan Marette  Read Replies (1) of 176387
 
Durable Goods.

Lee:

Not bad eh? But we need more positive indicators,perhaps another rate cut is in order next month.

Have you read Lawrence Kudlow's article the other day about the FED's recent rate cuts? According to him FED's actions were belated at best as they were only following the 'leader'- the market.He points to the CRB Index and bank reserves etc as examples of ineffectiveness of the cut.Obviously he is in favor of another rate cut or two or three...
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