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Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?

To: wily who wrote (9058)	11/1/1998 12:18:00 PM
From: Alan Hume	Read Replies (2) \| Respond to of 93625

Hi Wily and all others who gave their advice and comments about my sell stop order. The differential between the 2 prices cost me about $1500. Until this, I have no reason to gripe about my dealings with Schwab. I will take it up with them and post the outcome. Change of subject : WATCH OUT : If Vectorvests' suspicions are right, then we could very soon be seeing a major buying opportunity. I am sure that Dr. Bart DiLibbo will not object to my posting an extract to his current views " I'm not an economist, but there are certain things that I watch to sense the pulse of the economy. Three of them are auto sales, housing starts and new orders for durable goods. Auto sales and new housing starts are the big engines that drive the economy. New factory orders for durable goods is an indication of future manufacturing activity. The economy will be OK as long as these factors hold up. Auto sales have been robust and are expected to hit an annulized rate of 16 million in October. When sales of cars and trucks are robust, so are the workers jobs. These people stimulate the economy by purchasing all manner of goods and services. New housing starts hit record highs back in June and July, but have slipped since then. Nevertheless, the time involved to build and furnish new homes means that the economy will remain solid for many months to come. New orders for durable goods rose smartly in September propelled by strong demand for electronic equipment, household appliances and industrial machinery. This means that our factories will be busy for a while yet. The good news is that Gross Domestic Product grew at a healthy 3.3% pace in the last quarter. The bad news is that a solid econony may cause Dr. Alan Greenspan, Head of the Federal Reserve Board, to defer lowering interest rates again as has been anticipated. So what will it be at the next meeting of the Federal Open Market Committee...Trick or Treat? I regard Dr DiLibbo's views highly If the Fed does not reduce the rates at the next meeting, I read that blood-shed may be expected. Anyone got any comments on this? By the way, when exactly is the next meeting?? Regards Alan