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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: Tim Luke who wrote (10635)1/29/1999 5:13:00 PM
From: John Wu  Respond to of 90042
 
Tim,

Great call on PAIR. Thanks for making everyone money.

JW



To: Tim Luke who wrote (10635)1/29/1999 6:25:00 PM
From: MIKFREE  Respond to of 90042
 
Thanks a million Tim. Fingers crossed for next week.
Mike



To: Tim Luke who wrote (10635)1/29/1999 8:11:00 PM
From: Sandra  Read Replies (3) | Respond to of 90042
 
Tim,
cbs.marketwatch.com
I like this part.....

>>>>>>>>Tut has also developed a technology called Home
Run, which allows households to link up their
desktops and other computing equipment in a
miniature version of a corporate intranet.

Steven Tuen, research director at IPO Value
Monitor, said Tut will do well in the short term, but
he voiced concern about competition from Ascend
(ASND), Pairgain (PAIR) and others.<<<<<<<<<<<<<<<<<

Sandra



To: Tim Luke who wrote (10635)1/29/1999 8:19:00 PM
From: Rick Faurot  Respond to of 90042
 
<<January 29, 1999: 6:34 p.m. ET

NEW YORK (CNNfn) - Wall Street will be taking
much of its cue from the nation's capital next week,
with two key Washington events shaping up as some
of the main factors in market activity.
On Tuesday and Wednesday, the Federal Open
Market Committee will meet to decide U.S.
interest-rate policy. Specifically, they'll set the federal
funds rate, which banks charge each other for
overnight loans and the discount rate, charged on
emergency loans to banks.
At its last meeting in December, the Fed left both
rates unchanged. Now investors, as usual, are
anxiously awaiting whether the Fed will stay the course
once more.
David Jones, chief economist at Aubrey G.
Lanston, thinks Greenspan will hold off on raising
interest rates next week.
Instead, said Jones, the Federal Reserve will pursue
a familiar strategy. In past years, such as 1996, the
Fed let the markets go up early in the year and if the
economy got too strong, it cooled it off with some
interest-rate hikes later in the year.
As for rate cuts, they may have to wait as well.
"The point is we haven't seen any evidence
whatsoever of a slowing," said Jones. "I think he'll wait
until he sees the whites of the eyes of a slowdown later
in the year before any chance of more rate cuts." >>