Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: John Donahoe who wrote (41814)	2/22/1999 9:46:00 PM
From: KeepItSimple	Read Replies (1) \| Respond to of 164684

> AG will be neutral on rates. Inflation is under control. Except equity inflation, which for large cap tech stocks is running at an annualized clip of around 900%, given then 150% and more moonshot since last october. But hey, that's equities, not cash! It has to be inflation in cash to be real inflation, right? Well, sorry, but according to the fed the average american now has more invested in the stock market than they do in their home. Actually, it would be Greenspan's greatest wish come true if _something_ were to cause the market to correct by about 2000 dow points. Then he wouldn't be forced to stem the tide with an interest rate hike. Because he knows if he DOES raise rates, he'll be the most hated man in america. After all, he knows that the majority of american equity is now in the stock market- and most of that is in the big cap techs. Dell stock price=too big to fail, like social security! I think Greenspan will let the market ride for anout 6 months or so without doing anything, because the chances of the market not derailing before then are so slim that it's a good political bet.