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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (20059)7/13/1999 5:40:00 PM
From: Les H  Read Replies (2) | Respond to of 99985
 
Intel has come down since the conference call. The analysts are going to lower their earnings estimates from .58 to .55 for next quarter, according to Dan Niles. If the Fed raises short-term rates at the end of August, that should be bullish for "interest and other income". We'll keep both fingers crossed.



To: Haim R. Branisteanu who wrote (20059)7/13/1999 5:57:00 PM
From: pater tenebrarum  Read Replies (2) | Respond to of 99985
 
Haim, never fear! logic won't intrude on this market. it's all greed and liquidity.

regards,

hb



To: Haim R. Branisteanu who wrote (20059)7/13/1999 5:58:00 PM
From: pater tenebrarum  Read Replies (3) | Respond to of 99985
 
btw, emerging market credit spreads are back to crisis levels. CNBC has already said that's good for equities, as it will stay the Fed's hand...

regards,

hb


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