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Technology Stocks : IDTI - an IC Play on Growth Markets -- Ignore unavailable to you. Want to Upgrade?

To: OldAIMGuy who wrote (5584)	1/7/1998 4:39:00 PM
From: Steve Lewis	Respond to of 11555

Regarding: <I've been watching the 13 week Treasury rate rise for several weeks as the LT bond rate fell. It's not an inverted yield curve yet, but it sure is flat! A short term credit crunch with LT rates falling will invert the curve and then the worry warts will be out in force. > I heard Wayne Angell, ex-Fed governer on C-Span talk about the effect of asian bankers needing some quick cash to deal with their currency issues which represents be a more benign explanation. Unless the market deflates big time, we should have a slow recovery of IDTI and others back to their 1997 average prices before mid year. If the Fed lowers (>50% chance IMO), the fears will be temporarily extinguished for a good 98 into 99. I'm invested hoping for a reasonable upturn. Lehman is generally good though I don't quite get the late announcement.