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: Mark Fowler who wrote (73496)	8/12/1999 8:37:00 PM
From: HG	Read Replies (2) \| Respond to of 164684

<<<7% next week no way>>> This was my reason for saying the sky is falling, reds are coming, and the Y2K .....!!!!!!! :-) GST is getting carried away !!!!

To: Mark Fowler who wrote (73496)	8/12/1999 8:47:00 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

FCC Sees Telecom Competition Reducing Need For Direct Regulation AUG 12,1999 By Alan Yonan Jr., Staff Reporter WASHINGTON -(Dow Jones)- The overriding goal of the Federal Communications Commission during the next five years will be to encourage competition in the telecommunications marketplace to "greatly reduce" the need for direct regulation, Chairman William Kennard said in a report to Congress. The period will be one of transition as new technologies continue to erode the traditional regulatory distinctions between different sectors of the telecommunications industry, Kennard said in a draft of the agency's strategic plan. "As a result, over the next five years, the FCC must wisely manage the transition from an industry regulator to a market facilitator," Kennard said. One of the keys to promoting domestic competition will be to continue pushing for open markets abroad, according to the plan. "Market access restrictions in foreign countries significantly impede U.S. companies' ability to compete on a global scale," Kennard said. "Specifically, our vision of fully competitive communications markets in the United States in five years is contingent to some degree on whether other nations also establish the necessary conditions for deregulation," he added. The FCC will work closely with the Office of the U.S. Trade Representative, and the Commerce and State departments to ensure vigorous enforcement of the market-access commitments set forth in the 1997 World Trade Organization Agreement on Basic Telecommunications Service, he said. As the FCC goes through its transition, the mix of skills needed at the agency will change, according to the report. That will require a number of human-resource initiatives, including job retraining, incentive packages for "high-quality" employees, and voluntary buyouts for others. Copyright (c) 1999 Dow Jones & Company, Inc. All Rights Reserved.

To: Mark Fowler who wrote (73496)	8/12/1999 9:11:00 PM
From: GST	Read Replies (1) \| Respond to of 164684

Mark: 7% for next week only takes two things -- a bad cpi and a bad ppi. The bad cpi is very possible -- that takes us to 6.5% and is partially anticipated. Most estimates are unrealistically low for the ppi -- but a bad number has been rumored so it would not be a total shock. On the other hand, a bad cpi takes us towards 7% because it is not expected and would be a real shock -- especially if combined with a bad ppi. Two bad numbers stand between us and a 7% bond yield -- that is all. Whatever the exact yield -- a bond above 6.5% will do significant damage. The upside is: two good numbers and we get a relief rally. Like I said, we will soon see.