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To: Joseph Pareti who wrote (94982)1/4/2000 4:25:00 PM
From: Jim McMannis  Read Replies (1) | Respond to of 186894
 
Joesph,
RE:"you either want to kid all of us or you have been seriously damaged by a latent y2k bug ...

do you thing Yhoo > $ 10 reflects " markets [that ] are looking at the fundamentals " ???

No, I'm not rying to kid you. Perhaps I should have said, "Starting to look at fundamentals like interest rates". This does not excuse your tirade however.

I was refering to INTEREST RATES as a fundamental that "used to" drive the markets and as of today has seemed to suddenly make a come back after a hiatus. Rates have been heading up since JUNE! Yet the markets chose to ignore it.

I don't know any fundamentals that would support the price of a YAHOO...but that's another story. YAHOO is just a phenomenon, like a bunch of others. Do you even know the historical relationship between interest rates and the stock market?

Jim