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To: Les H who wrote (52376)5/27/2000 12:17:00 PM
From: Techplayer  Respond to of 99985
 
Les The present
estimate stands at 15%, but could be lowered significantly if the Fed actions eventually take hold

Therin lies the risk.

thanks for the first call info.

tp



To: Les H who wrote (52376)5/27/2000 12:52:00 PM
From: Jacob Snyder  Respond to of 99985
 
re: Fed funds rate futures were pricing in up to 75 basis points

Right. The odds of a rate hike in a month are near 100%. The interesting question is whether they keep a "inflation", or go to a "balanced", forward risk stance.


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