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Technology Stocks : CMGI What is the latest news on this stock? -- Ignore unavailable to you. Want to Upgrade?


To: LOGAN12 who wrote (9476)6/9/1999 8:22:00 PM
From: Millionairess  Respond to of 19700
 
hello logan12,

don't know if i entirely agree with briefing - i tend to think that if there is no tightening but there is evidence of inflation, that that may actually maintain the market's weakness whereas if they get the thing over with, the internets anyway may still rally though maybe not as exuberantly as in the past - IMO, the fed may not do a rate increase for 2 reasons:

-the anticipation of it seems to keep the market under the control
-unknown affect of y2K problems internationally this year

only my opinion but i could be wrong - good luck