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Technology Stocks : SDL, Inc. [Nasdaq: SDLI] -- Ignore unavailable to you. Want to Upgrade?

To: Wyätt Gwyön who wrote (1258)	5/2/2000 5:12:00 PM
From: pat mudge	Read Replies (1) \| Respond to of 3951

We're six months away from election day. Will the current administration risk losing the White House by triggering a market slide? I just don't think it'll happen. Pat

To: Wyätt Gwyön who wrote (1258)	5/2/2000 10:39:00 PM
From: SJS	Read Replies (1) \| Respond to of 3951

I think that's the wrong view. A 50 bp raise signals the gravity of the problem, not the end of the raises, IMHO. While many think it would be time to party because the rate increases are concluding, I guess that's not what I will be doing. To me it would signal a retest of the NAZ lows, and a potential trading op, but still not a LT commitment point. I think there are 100 basis point to go, at LEAST. If he does 50, then I suspect that there a 2 more 25's before September coming on top of that. Oh no. We need to take this seriously. He's not fooling around and he's gonna win. One more thing: We'll come close to a recession to stop this cycle this time. I don't thing we can do it with a super-soft landing. That mean the first digit on the NAZ COMP might start with a "2". Let's hope it's a high "2". Steve