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 : Tekelec -- Ignore unavailable to you. Want to Upgrade?

To: lml who wrote (1434)	4/4/2000 3:49:00 PM
From: Bernard Levy	Read Replies (1) \| Respond to of 1648

Hi lml: Actually, the biggest beneficiaries of a rate reduction are probably telecom stocks. Telecom companies (ILECs and CLECs alike) and cable companies are the biggest debt guzzlers around. The spread over Treasuries on their debt has increased a lot since the Fed got started. I expected the Nasdaq fall and took good advantage of it. I think we saw the bottom today, but I expect some retest in the weeks ahead. Best regards, Bernard Levy

To: lml who wrote (1434)	4/4/2000 5:04:00 PM
From: John Curtis	Respond to of 1648

LWL: I tend to agree with your "reverberating" comment. And when you juxtapose that comment against the reality of truly massive margin accounts....well....some folks....hell, probably a goodly percentage of folks; that've "just" joined in playing this game over the past couple of years and who as a consequence cannot possible understand the magnitude of the danger an over-loaded margin account coupled to a severe, quick, down-turn in the market represents....well...those folks are gonna get hurt. And badly. So reverberating is a pretty good term for the outcome. Still, TKLC recovered....yet AGAIN. I tell ya...this equities got more lives than a cat....thank goodness! John~