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Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?

To: Don Green who wrote (25596)	7/23/1999 10:58:00 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 93625

Don, I am and that is one of a number of reasons that I think that apart of a short term rally here for next week (started today in the NAZ as per the Turnips' dictum yesterday <VBG>), I am not too sanguine for the next six to eight weeks. But after that, or at the latest in late October, this bull is going to snort again, and the theme will be "liquidity". Remember not only we are running a mammoth size surplus (about $200 B? or so?), but the postal systems open its doors, that will flood world markets in liquidity and next year we might be wondering who was talking about a bubble this year. Sooner or later, of course, the feds will step in to counter this excess liquidity. But if they raise our rates too much, guess where these funds will go? Zeev