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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: IQBAL LATIF who wrote (18319)5/8/1998 8:33:00 AM
From: j g cordes  Read Replies (2) | Respond to of 50167
 
Ike.. interesting post. Also within the site you reference this chart: bcapub.com illustrates the interest rate effect of liquidity policy. AG may be using this as his tool to throttle back market. Recently there've been reserves taken out of system.



To: IQBAL LATIF who wrote (18319)5/8/1998 1:09:00 PM
From: IQBAL LATIF  Read Replies (1) | Respond to of 50167
 
Does MSFT has the capacity to bring down the entire market in case DOJ by Friday asks MSFT to remove the browser from 98.

The answer is that DOJ should know-
1- To much to risk for what has become a political issue- this is not simply a DOJ issue the government will be fully involved- yes if sanctions are slapped you may see Techs selling heavy Composite dropping by atleast 10% from here. In my opinion DOJ will let the dead line pass without slapping sanctions as government operative I would think twice before dropping spanner in works.However if my read is wrong this is going to be the affect of holding back 98-

Market will sell off big no doubt about it may be SPM to 1040 is the target, but it is going to start a very different kind of environment and will give a message all around that US government is a-success. This is kind of news which can bring this virtuous complimentary cycle to a grinding halt. The damage control will be difficult it is like a misguided missile once launched it is difficult to think how market is going to respond.

Looking at ASEA 2 and crisis looming every where in my opinion the people who will make this decision will after lot of pondering err on the side of caution and that means MSFT will be trading at 95 by next Friday instead of 65 in case we see this mis adventure.

I like to be pro-active on issues confronting markets and would think that to keep would be dis-service to the thread.