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Technology Stocks : FSII - The Worst is Over? -- Ignore unavailable to you. Want to Upgrade?


To: Mitchell who wrote (2180)8/28/1998 11:15:00 PM
From: Donald Wennerstrom  Read Replies (1) | Respond to of 2754
 
Mitchell, when I listened to the financial portion of the news tonight, you would think the world is in awful shape. Also, an article in the IBD today was entitled "Is the FED dropping the ball?". "Markets crying rate cut to ease global turmoil".

With all this doom and gloom, the best we can probably hope for is to not lose much more in the group stock prices. If the financial giants (really the governments involved) can solve this problem and return some stability to their economies, we ought to be off and running. With this scenario, the $7M order would have meant a nice upward tic in the price. With the present situation, it will be interesting to see if anything happens on Monday.