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Technology Stocks : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?

To: LLCF who wrote (25988)	10/18/2000 11:33:42 AM
From: michel ciambra	Read Replies (1) \| Respond to of 27307

Nice of you to joust with me. I accept we have different opinions but there are two that are irrefutable. My statement on the economy and the fact that the picture is rosy is not unsupported by all analysts. There are many who even say that the Fed has over tightened, argueing that the risks of a litle inflation are nothing compared to the socio economic benefits of full employment and the birth of the technology revolution beingborn on these shores. Yields on corporate bonds are exploding and you are right to point out the effect on the markets. However, world interest rates are dictated by the government bond markets, not the corporate ones. If you look carefully, the corporate bonds that are getting mullahed are the same as the stocks that are getting crushed. The vast majority can still borrow money at Libor or better. Still, i value your opinion and have expanded mine by reading yours.