SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : CMGI What is the latest news on this stock?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Craig Rogers who wrote (3913)1/13/1999 10:51:00 AM
From: Jakec3  Read Replies (3) of 19700
 
Ref: Brazil devaluation and the Fed. You're exactly right. Was in a session yesterday when James Smith, Economist @ UNC-CH (Top WSJ economic forecaster for 2 out of last 3 years) opined exactly what you suggest, i.e. lowering of Fed rates connected with Brazilian devaluation. BTW, he also indicated that if the devaluation was as much as 25% this would flatten global growth towards 0%.

Effect on CMGI and other Inets? Indirect, for sure. Perhaps positive. $ flowing from more traditional equities has to settle somewhere. The inet record for the past few months has to be awfully tempting to many yet, especially if they now have $ on hand.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News