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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF -- Ignore unavailable to you. Want to Upgrade?


To: DMaA who wrote (19300)8/23/1999 10:07:00 AM
From: Moonray  Read Replies (3) | Respond to of 22053
 
A different view: WALL ST WEEK AHEAD - All eyes on the Fed
Reuters - 03:16 p.m Aug 22, 1999 Eastern

NEW YORK(Reuters) - Wall Street has been buzzing about another increase
in short term interest rates and by Tuesday afternoon the world will know if
all of the speculation has been on target.

''Everyone expects the Fed to raise interest rates one-quarter percent,'' said
John Kornitzer, portfolio manager for several of the Buffalo Mutual Funds.

He said that in addition to the argument that signs of a
strong economy justify higher rates, the possibility of a
Y2K (year 2000) panic near year-end means Federal Reserve
Chairman Alan Greenspan wants to be in a position to lower
rates later if conditions warrant.


infoseek.go.com

Here's why the FED might not raise rates tomorrow. 2 words - liquidity crisis:

o~~~ O



To: DMaA who wrote (19300)8/23/1999 1:38:00 PM
From: Scrapps  Respond to of 22053
 
What's the fed's bigger fear...inflation or deflation?