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Technology Stocks : IDT *(idtc) following this new issue?* -- Ignore unavailable to you. Want to Upgrade?

To: Alexander Hardin who wrote (1903)	2/9/1999 9:26:00 PM
From: Hawkmoon	Respond to of 30916

OT, Alexander, of course Japan is old news. But the fact that they will have more debt outstanding than the US and difficulty in finding buyer for there bonds since there is an inevitability of even more bonds being issued (weakening the yen even more), where else are they going to find the investors to buy those bonds? If bonds suffer, so will the stock market (which is already spooked by the latest rumblings from the Fed about changing their bias to tightening). I may be wrong, and I hope that I am, but I think we'll see US bonds under pressure and even more of a bias for the Fed to tighten. But then again, I've been known to be wrong before....<VBG> Regards, Ron