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

To: Zeev Hed who wrote (35484)	12/1/1999 5:03:00 PM
From: Jdaasoc	Read Replies (1) \| Respond to of 93625

Zeev: Granted liquidity has been extremely important to stock's rise but this year the S&P is up only about 14% for the year. Any downward pressure from here to end of year will start to make a good corporate bond return look comparable. I don't want to get into the debate that over the long term stocks outperform bonds but you would have to believe that this has been one of the weakest year in last 5 years for the average stock. Unless market breadth improves, the high flying stocks will come back down to the level of the poor performance of the average stock. MSFT and INTC have not matched their highs of July and CSCO and GE are starting to back off their recent highs of Nov. I see a lot of sideways for next two months unless bad news shoots us down. This morning's good news from purchasing managers didn't really get the market going today. Corporate debt is everywhere, even AOL is unleashing another $1 billion or so. I do not see interest rates coming down unless the economy slows it's annual growth to the magic number of the FED wants, is it 3.8%? Some sort of braking effect will become apparent after the Y2K fears are over in January. john