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Technology Stocks : How high will Microsoft fly?
MSFT 400.85+1.8%3:59 PM EST

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To: Sir Francis Drake who wrote (23532)6/2/1999 1:44:00 PM
From: John F. Dowd  Read Replies (2) of 74651
 
SFD: It looks to me that there are 2 1/4 point rate hikes faactored into this market already. Meanwhile inflation creeps at worst. Although todays new house sales were of note. April permits were way down. The talking heads are trying to lead this market and it appears a lot of folks are listeningto their Bull. Problem is you can't get in front of a speeding bear.

JFD
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