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Technology Stocks : Ampex Corporation (AEXCA) -- Ignore unavailable to you. Want to Upgrade?

To: Alan Cassaro who wrote (9137)	6/12/1999 3:20:00 PM
From: Thomas Kirwin	Respond to of 17679

INIT to IPO Interliant, a web hosting company, is scheduled to IPO in the next week or so. We may get a sense of what Reiters is worth. Best O'Luck! Tom

To: Alan Cassaro who wrote (9137)	6/12/1999 3:32:00 PM
From: RidgeRunner	Read Replies (1) \| Respond to of 17679

AC, is there any doubt that the Fed's likely increase of 1/4 point is already factored into the market? The bond market certainly already reflects the increase, and stocks have been dogmeat for days - you would think that a full point increase in the Fed rate was coming. So, if the Fed does increase rates by 1/4, then it should be a non-event. If the Fed does not raise rates, then the market is off and running toward the summer rally. In either scenario, the impact on AXC should not be negative. RidgeRunner