Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: PeterGx who wrote (4844)	12/22/1997 9:46:00 AM
From: the Druid	Read Replies (1) \| Respond to of 27307

Is this the last phase of the "Operation Squeeze"? +1 7/8 all time high. +2 1/4 now.

To: PeterGx who wrote (4844)	12/22/1997 12:09:00 PM
From: Don Westermeyer	Read Replies (1) \| Respond to of 27307

Peter, Growth in the US was going to slow anyway, even without the big Asia thing. Now it will slow a little more. I've read the Asia impact might reduce growth by an additional 0.5% for an overall growth of about 2.5%. That seems reasonable to me. Assuming that Japan doesn't bail on their US holdings, it will be a trade off between lower interest rates and lower earnings. IMO one should keep some cash to buy stock when they become on sale (like much of the tech sector is now).