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To: Cynic 2005 who wrote (30214)4/28/2000 7:20:00 PM
From: patron_anejo_por_favor  Read Replies (2) | Respond to of 42523
 
Summers is INCREDIBLY arrogant. If we do end up in some sort of monetary crisis, I wouldn't be at all surprised if he commits some sort of inexcusable diplomatic blunder that then results in a war.

Got bomb shelters?



To: Cynic 2005 who wrote (30214)4/28/2000 10:43:00 PM
From: yard_man  Respond to of 42523
 
What a silly theory: Interest rates don't matter to tech cos

siliconinvestor.com

>>An inflation scare hit Wall Street on Thursday, leading investors to swap interest-rate-sensitive stocks for technology in the hope that computer and Internet issues can withstand an aggressive Federal Reserve.

Traders boosted computer-chip stocks, dropping names in the financial services and energy sectors on heightened concern that the central bank will raise interest rates by a larger-than-expected 50 basis points next month.

"I think there is a feeling that the Nasdaq market is not subject to the same forces as the rest of the equities world," said Peggy Farley, president of Ascent Meredith Asset Management.

<<

These articles are so funny when they try (and fail) to rationalize the actions of market participants.



To: Cynic 2005 who wrote (30214)4/29/2000 12:03:00 AM
From: Alias Shrugged  Read Replies (1) | Respond to of 42523
 
prudentbear.com

1929-30 vs. 1999-00

by Dr. Kurt Richebacher

April 28, 2000