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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (49385)	3/1/1999 7:21:00 PM
From: Robert	Read Replies (1) \| Respond to of 132070

MB -- Whadda ya make of the MUEI warning and the news about the DELL price cuts (they are actually trumpeting that their PIII workstations will sell for less than other companies' PII rigs!)? Guess dem compooters be flyin' off dem shelves! <vbg> -- Robert

To: Knighty Tin who wrote (49385)	3/1/1999 7:47:00 PM
From: valueminded	Read Replies (1) \| Respond to of 132070

Mike: If the Fed is adding reserves at between 4-8billion per week, and the multiplier is about 10:1, that means we are getting about 40-80 billion a week in new money. Certainly enough to keep this going. Also, despite rhetoric to the contrary, I believe the FED is very interested in keeping this rally going and will do anything it can to prolong it - including reduce rates to stop a tanking market. You must already realize this as their actions speak far louder than their words. jmho What do you think ? ?