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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: John F. Dowd who wrote (24779)	6/23/1999 9:57:00 PM
From: t2	Read Replies (4) \| Respond to of 74651

JFD, At first what you said is how i understood her but she seems to have contradicted herself--and reasserted her bullishness also. She also mentioned only modest inflation possible---that implies no big rate hikes by the Fed, meaning market can go higher. As i see it 1/4 point with a "neutral bias" is expected next week. How can one have a tightening bias --- they would rather increase by 1/2 if that was possible. 1/4 is nothing, IMHO. It can't really push the retail investors to the exits. Where are they going to go---the bond market?<g>