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To: jim kelley who wrote (39149)4/27/1998 1:02:00 PM
From: Mohan Marette  Read Replies (1) | Respond to of 176388
 
Ref: Interest rates.

Jim,

My take on the impending doom and the possible rate hike is this:-Even if the Fed decides to increase the rates it won't be by more than 25 or 50 basis points and I don't think that is going be the end of the world as we know it.<gg>

PS:I think this interest rate thing is just an excuse for the market to correct itself which I consider as a very healthy thing to have happened, no biggie if you ask me.


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