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Technology Stocks : Lucent Technologies (LU) -- Ignore unavailable to you. Want to Upgrade?

To: X Y Zebra who wrote (4037)	9/10/1998 7:27:00 PM
From: Justin Franks	Read Replies (3) \| Respond to of 21876

My argument for higher interest rates: Sure, foriegn cash is looking for a safe house. Sure domestic cash is building up. So the big question is: What to do with the cash??? Put it in the market? Gold, tbonds, oil???? Yes, things that are detached from the global economy. (independent of international sales, import/export, etc..) Rep. want Bill OUT so they can take advantage of this situation. Mark my words: The reps. will increase the interest rate. If the US is going to continue to be the worlds larget super economy, they will make countries PAY to use this oasis. This is an oportunity for the US to make $$!! Do you think they're going to sit back and do a "favor!" for the world? Get that $ OUT of Japan! (.25% interest per year! That's crazy!) Japan is doing NOTHING with their $. LOW interest rate = countries take ADVANTAGE of the US. Capitol is LOST, economy suffers.