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Technology Stocks : Westell WSTL -- Ignore unavailable to you. Want to Upgrade?


To: Trey McAtee who wrote (16435)6/13/1999 1:18:00 AM
From: P314159d  Respond to of 21342
 
Everything you have said is accurate, but...

I still would appreciate a tighten of 50 basis points .

ARRGH, what the hell is he talking about???

1. To drive some sense into the overvalued stock market.

2. Put some fundamental into the Net stocks.

3. Ease bond fears. with inflation at 2 to 3% in the 60's ( 3= high)
Bonds always hovered near that plus a percent or two.

4. Economy if it tanks, should have the highest reachable interest rate for stimulation. In other words, max flexiblity to the Fed. In 1991 with the banking crisis, it ranks as the single most incredibly intelligent save the FED did. And they needed a move from around 5 to 3 just to save City and others. They just saved the hedge funds and their treasury holdings, so I look for them simply to reverse that whenever possible.

5. Dollar support to the yen

6. My fave: Give the Russell 2K stocks an edge. Money flows out of Cisco and where (after they figure 5.25 is no better than 4.75)?
To PAIRs, RMDYs, etc. My target question should have asked about the IUX which I feel breaks 500 this summer and 600 in first quarter after an ugly finish to the millenium!

P.S. sorry for the stupid prediction, just felt giddy after this week's movement. Thought I could predict anything! Like SA over NY in 6.