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Technology Stocks : Dell Technologies Inc.

DELL 138.58

-1.5%

Dec 11 3:59 PM EST

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To: JRI who wrote (131050)	6/4/1999 2:33:00 PM
From: Lee	Read Replies (2) of 176387

Hi John,..Re:.So, wouldn't that mean that interest rates are ALREADY high enough?? And maybe too high? John, it looks like the markets always go to the extremes. <g> Don't the markets love excess? If you're a bond trader/dealer, are you going to hold or go long bonds when you're inundated daily with stories like below? <g> Air fares rise as top airline rivals raise prices biz.yahoo.com dailynews.yahoo.com Sizzling demand drove the average sales price for a new home sharply higher to a record $193,100 in April from $186,300 in March. dailynews.yahoo.com AK Steel, which notes it has led the U.S. steel industry in operating profitability per ton for the past five years, said it sees the opportunity for increased earnings in the transaction it values at about $1.3 billion. I agree they should wait for more conclusive data, especially since the spike in crude filtered down into industries whose products are from oil based derivatives, but I don't think they are basing their decisions on crude prices alone as several Fed governors have made lots of remarks about demand lately. (Can provide the links to those comments if you like)<g> Don't understand why AG would consider it personal as he is certainly not the inflation hawk on the board. Cheers, Lee PS - we're facing Pedro Martinez tonight!!!!!

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