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Technology Stocks : Dell Technologies Inc.

DELL 121.36

+3.3%

12:52 PM EST

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To: tsyl who wrote (79262)	11/12/1998 5:58:00 PM
From: JRI	Read Replies (2) of 176387

I too think that rates will be cut Tuesday....Rivelin and Greenspan have put their focus on the much too big corporate credit spreads...and they also know that real interest rates (Fed funds-inflation) are too high....IMO, the Fed didn't have a problem with high real interest rates when the economy was growing north of 3%.. But the Fed is looking to the future....and without intervention, probably saw no growth next year.... They also know that Germans, Japan can not lower rates... Question is: Will a .25% rate cut have a big effect on the market....I think it will boost a little, but not much...I think we need a .5 to really boost the market...But, given the growing doubt of any cut, maybe .25 will be enuff..Wadda think? Me, I'll take 2 .25 cuts (one now and one in December)..that'll keep things fairly sanguine...

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