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Technology Stocks : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?


To: Aljorma who wrote (24574)6/30/1999 2:27:00 PM
From: Mazman  Respond to of 41369
 
AOL up 7 1/4 RT



To: Aljorma who wrote (24574)6/30/1999 2:42:00 PM
From: David E. Taylor  Read Replies (1) | Respond to of 41369
 
Well, that opened at least a temporary flood gate of $$ onto the buy side for a change, tech stocks immediately went ballistic across the board.

Wonder how much importance the market will give to the "neutral bias" stance -- I thought the Fed was only going to announce "significant" changes in bias? So, is this a significant (i.e. long term) bias change, or will it last only until we get one of those bad pieces of economic data to re-ignite inflation fears again?

David T.