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.

Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: SOROS who wrote (2243)	1/12/2000 2:25:00 PM
From: Lucretius	Read Replies (1) \| Respond to of 42523

what's the 40% in?

To: SOROS who wrote (2243)	1/13/2000 10:33:00 AM
From: Jess Beltz	Respond to of 42523

Soros: I agree that there will definitely be 2-3 interest rate hikes in the next quarter, and of course that always makes for a dangerous environment to be long in, and truly perilous for those using margin. I'm sure that that sentiment plays large in Brinker's thinking. However, in watching the Chairman for the last year, I think he's starting to pull back a little on jumping the gun on raising rates as a preemptive strike against inflation. I expect a full 75 basis point rise between now and the end of April, but feel fairly confident that the rate increases won't go beyond that. Much of the scenario as stated has already been impounded in share prices. Admittedy, high flying tech issues will get knocked the hardest. A rotation towards something defensive like utilities might be appropriate, but i think cashing out is a little excessive. Just my own $0.02.