Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Scarecrow who wrote (11202)	6/30/1999 11:24:00 AM
From: Ken	Respond to of 19700

>> The weird thing is, I get this sense that a .25 takes us down, but >> .50 takes us up... Or is that too simplistic? I agree. 50bp coupled with a change to neutrality would mean it is done and over. The market can go on without worrying about another rate hike for a few months. A hike of 25bp, especially without a change to neutrality, will keep the market on edge....probably what the Fed wants. :(

To: Scarecrow who wrote (11202)	6/30/1999 11:28:00 AM
From: Dutch	Respond to of 19700

25 or 50 basis points with no future increase referred to sends us up. If another increase is hanging over our heads in six or twelve weeks were down IMO. Dutch