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To: musea who wrote (23982)	6/30/1999 10:10:00 PM
From: Sonny McWilliams	Read Replies (1) \| Respond to of 27012

musea. Rate hike and WCOM. Like I said: I think the FED would not have raised rates if they had not painted themselves into a corner. After the markets practically expected it now, they had to oblige a bit. I guess you heard some of the statements R.Rubin made today? He thinks the economy is doing great the way it is going. That reminds me. I wanted to say this for a long time. Why is it that those pundits always say: The bond market tells you what's going on and the bond market expected a rate hike. It's like saying that this cpt wrote this message. No. Investors move the stock and bond market and when I post crap, it's NOT the cpts fault, it's my fault. gg. WCOM. Looks like you can get this company pretty cheap. It could even get cheaper tomorrow thanks to those analysts. Keep an eye on it. I have great expectations for WCOM. UUNET in their arsenal is a mighty force to keep me tied to that stock. AND AGAIN. WCOM's CEO said a cpl of weeks ago that he sees no reason why his company's stock price cannot grow by 50% in the foreseeable future. What do those analysts know he does not? I think this underwater cable inquiry is just a nuisance to WCOM. Those analysts were the culprit today. And, unfortunately this was a double whammy for WCOM. If that stock goes even lower, I will buy some more of that along with Csco. Sonny