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


To: JDN who wrote (42641)4/1/2001 4:27:39 PM
From: Sonki  Read Replies (2) | Respond to of 64865
 
interactive.wsj.com
An Interview With Don Hays

: By October, we'll be seeing better times?
A: Right. This rough spot we're in right now will be like 1980 in that we have some backing and filling for two or three more weeks. But, by the middle of April or somewhere in there you will see something on the proposed tax cut; it may even be passed by that time.
At the same time, first-quarter earnings will be out and that will relieve the market and allow a rally. I also expect the Federal Reserve to cut interest rates again in that time frame. That would set us up for the straight-up action we had in 1980. I expect the rally to be a 6-12-month-type of affair, not a two-to five-year type of thing.

interactive.wsj.com