Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Sarmad Y. Hermiz who wrote (66179)	7/4/1999 12:03:00 AM
From: GST	Respond to of 164684

Sarmad -- One last observation: Nets are losing their prized 'postional' status because their supply can be increased through IPOs and new stock issuance -- unlike real estate or the works of dead artists. This is a problem no matter what the credit markets do -- but with all the IPOs it would indeed be 'unfortunate' to have IPOs and tighter credit markets at the same time -- ouch. For tracking, I find the yen-dollar relationship and 30 year bond yield are simple and suit my purposes -- although money supply is good to be aware of I don't see any need to 'track' it except from time to time. The tug of war going on reflects the uncertainty about the next leg in the bond market -- it has been selling off since the beginning of the year. A peak in the dollar-yen would be a sign of trouble for BOTH Japan and the US. Rising rates in all countries would be another sign of tighter global credit markets -- which is exactly what we saw in Japan last week and could see again this week. For now it is play day for the bulls doing the earnings season dance. A persistent bond at or above 6% spells trouble later in July.