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

To: John F. Dowd who wrote (27625)	7/31/1999 12:38:00 PM
From: t2	Read Replies (1) \| Respond to of 74651

JFD, I think you are underestimating Greenspan. I believe he is getting prepared for any major downturn related to Y2K fears ---- i believe he will be cutting interest rates. Therefore, i decided to pursue bond funds(in particular government bonds) as an investing strategy for now. Once the bonds yields drop, i plan to pour into the stock market whether the stock market is up or down. I still say that if one looks at the market 6 months from now, we should be at all time highs----i am very bullish. Greenspan just does not want to play the Y2K worry----he wants every investor to feel that inflation is the key to FED policy. If he expressed too much worry about Y2K implications on the market, he would be an idiot who is feeding this silly paranoia. If he sees a lack of confidence in the markets due to Y2K fears, he will be cutting interest rates bringing back confidence and a lot of bargain hunters. At the end of the day, tech stocks would be huge winners.