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Technology Stocks : Autoweb IPO 3/22/99 AWEB -- Ignore unavailable to you. Want to Upgrade?

To: Dave Holt who wrote (581)	6/30/1999 6:36:00 PM
From: Erick444	Read Replies (1) \| Respond to of 696

Autos are a very interest sensitive business and with the rate increase of only 1/4 pt by Greenspan today and a neutral bias instead of bias toward raising rates included as well was good news. Also Aweb is an internet stock and lower interest rates are are necessary for companies in that sector to appreciate in price. Finally Aweb was added to the Russell 3000 small cap index today and index fund managers bought it. This stock should do better between now and earning toward the end of July. Regards.