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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?

To: QwikSand who wrote (32100)	5/19/2000 1:21:00 PM
From: JC Jaros	Read Replies (2) \| Respond to of 64865

The underpinnings are solid. SF is humming. Venture capital is standing in line. The institutions are sitting on a pile of naked cash, Q. --- Greenspan has been at this awhile and I'm inclined (as is my long term return) to think he continues to do the right thing. -JCJ

To: QwikSand who wrote (32100)	5/19/2000 1:37:00 PM
From: Charles Tutt	Respond to of 64865

I'm starting to run out of optimism myself. There's a long time lag between interest rate hikes and their effect, and the initial effect can even go the opposite way (the "buy now before interest rates go up" effect), further obscuring the ultimate result. We've had an inverted yield curve for months, the Euro is collapsing, currency induced trade imbalances are rising, there's virtually no indication of any inflation in the statistics, and still there are calls for further interest rate hikes. It's mad, but that doesn't make it any less real. JMHO.