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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: Catcher who wrote (27462)	7/28/1999 3:54:00 PM
From: RTev	Respond to of 74651

Greenspan Warns Again On Inflation beta.siliconinvestor.com Federal Reserve Chairman Alan Greenspan Wednesday repeated his threat to act ''promptly and forcefully'' if inflation moved higher and held firm in his opposition to a large tax cut. ... ''He has basically said nothing new. The bonds are flat to a little lower. We have a typical Greenspan market,'' said Peter Cardillo, director of research of Westfalia Investments. ... Greenspan has credited high technology and a new dynamism in the labor market with boosting productivity. ''There is virtually no chance that these advances in productivity that we have been observing in recent years will stop,'' he said. But he added that if the growth were to flatten out, it could lead to inflationary pressures.