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Technology Stocks : Audio and Radio on the Internet- NAVR

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To: Annette who wrote (8624)2/23/1999 10:09:00 AM
From: Scott Kleinhans  Read Replies (1) of 27722
 
DOW falling like a rock!!

DB 10:00 GREENSPAN: PROFITS COULD DISAPPOINT INVESTORS.
DB 10:00 GREENSPAN: STOCK MARKET CORRECTION COULD HURT INVESTMENT, CONSUMPTION.
DB 10:00 GREENSPAN SEES TRADING PARTNERS WEAKENING.
DB 10:00 GREENSPAN: GOOD NEWS ON INFLATION DUE TO PRODUCTIVITY, LOW EXPECTATIONS.
DB 10:00 GREENSPAN: STOCKS HIGH ENOUGH TO QUESTION WHETHER OVERVALUED.
DB 10:00 GREENSPAN: ECONOMY "STRETCHED IN A NUMBER OF DIMENSIONS".
DB 10:00 GREENSPAN: NO INFLATION UPTICK SEEN YET.
DB 10:00 GREENSPAN SEES 4 RISKS: INFLATION, STOCK BUBBLE, GLOBAL ECONOMY, DEBT.
DB 10:00 FED EXPECTS UNEMPLOYMENT TO REMAIN AT ABOUT 4.5%.
DB 10:00 FED EXPECTS GROWTH OF 2.5% TO 3% IN 1999, INFLATION OF 2% TO 2.5%.
DB 10:00 GREENSPAN SEES SOLID ECONOMY IN 1999.
DB 10:00 GREENSPAN SAYS ECONOMY PERFORMED ADMIRABLY IN 1998.
DB 10:00 GREENSPAN: MONETARY POLICY READY TO MOVE IN EITHER DIRECTION.
DB 10:00 GREENSPAN GIVES BALANCED REPORT ON ECONOMY; NO CHANGES IMMINENT.

Go NAVR!!
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