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To: Eric Wells who wrote (65587)6/30/1999 1:21:00 PM
From: Eric Wells  Respond to of 164684
 
Cramer just posted another column on TheStreet.com. In the column, he states:

"But we won't be at 2:11 p.m. Just to flesh out again, in light of this strong Purchasing Managers' Report, we can't rule out 50 basis points.

Personally, I think there are enough people out there who feel that this increase would be OK, that I want to buy any weakness (as I said over the weekend). In fact, 25 basis points may be just so-so now. It will just unleash a tsunami of commentators saying, "We will have another 25 basis points next month and then maybe another. " "

-Eric