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 (68848)	7/22/1999 11:18:00 AM
From: Eric Wells	Read Replies (1) \| Respond to of 164684

>>Eric, time to cover ?? 110 is holding well.. I'm going to stick it out a little longer - I want to wait and see the market reaction after the Greenspan speech (and the market could very well react positively). -Eric

To: Sarmad Y. Hermiz who wrote (68848)	7/22/1999 11:20:00 AM
From: Eric Wells	Respond to of 164684

Latest Market News · Alert: Greenspan-despite Remarkable Price Restraint, Fed Must Not Become Complacent - Reuters - Thu 11:01am · Alert: Greenspan-u.S. Consumption to Slow If 'Outsized Gains' in Stocks Not Repeated - Reuters - Thu 11:01am · Alert: Greenspan Sees Risks of Euphoric Rise in Stock Prices That May be Unsupportable - Reuters - Thu 11:01am · Alert: Greenspan-stock Prices Figure in Fed's Discussion but Not Directly Targeted - Reuters - Thu 11:01am · Alert: Greenspan Sees Improved Global Markets, Reduced Risk of Major Disruption in U.S. - Reuters - Thu 11:01am · Alert: Greenspan-global Recovery Means Less Price Restraint From Commodities, Imports - Reuters - Thu 11:01am Dow down 7, Nasdaq down 46. -Eric

To: Sarmad Y. Hermiz who wrote (68848)	7/22/1999 11:21:00 AM
From: Eric Wells	Respond to of 164684

Greenspan says Fed to hold line on U.S. inflation WASHINGTON, July 22 (Reuters) - Federal Reserve Chairman Alan Greenspan said on Thursday the U.S. central bank will be extremely careful not to allow a possible pick-up in prices and wages that might threaten the nation's economic boom. In key testimony to U.S. lawmakers, Greenspan pledged the Fed would act ''promptly and forcefully'' if it saw evidence of rising inflation. Still, he cautioned that the central bank was not committed to any imminent increases in U.S. interest rates and noted prices had so far been remarkably well-behaved.