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To: limtex who wrote (33728)6/30/1999 4:22:00 PM
From: LindyBill  Respond to of 152472
 
Quill Report: The "magic number" is now 6,969 shares! And dropping!



To: limtex who wrote (33728)6/30/1999 4:22:00 PM
From: Art Bechhoefer  Respond to of 152472
 
Limtex and Thread,

Actually this proves once again that the Fed's action really doesn't have much effect. The Fed only THINKS it has an effect because of that Washington DC syndrome of thinking that everything you do there is of utmost significance, and if it weren't for those great experts, the sky would fall. If you want to see interest rates go up, just watch the continuing high demand for more credit by consumers as well as businesses trying to find cash to buy up other businesses. This will eventually eat up the credit available at current rates. The Fed has NOTHING to do with this, unfortunately for their egos.