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To: Morgan Drake who wrote (29275)5/6/1999 12:11:00 AM
From: marginmike  Read Replies (1) | Respond to of 152472
 
I would want to be able to qet stock quotes, and check email and SI. As well as to search for breaking news. However I spent $500 on my Startac, so why wouldnt I pay 500 for PDQ? Remember I am a New Yorker, a frozen dinner cost $10 here. God forbid you walk into anything owned by ELI Zabar youll spend $500 on lunch for 4! Its a good thing my main stock is the best performer on Nasdaq!



To: Morgan Drake who wrote (29275)5/6/1999 12:18:00 AM
From: Jim Willie CB  Read Replies (1) | Respond to of 152472
 
me no worry on TBond yield for stocks
from this point onward during 1999, I expect all economic data to contradict the inept report of GDP strength by hack statisticians at the Bureau of Labor Stats... it is near constant qtr to qtr... sure it is strong, but not as strong as reported... suspect even their durable goods numbers are wrong high... they ALL have seasonality multipliers involved, and they are ALL wrong

a really mild Q2 GDP reported in three months will quiet the credit markets... next econ reports in about a month

check last year 1998 for may, june, july, august and see that data was docile... it will be docile again in 1999... the wrinkle this year is diverted budgets for y2k projects... gotta hurt productivity, but help GDP

maybe I should set aside some Q profits and buy some June TBond futures, then Sept TBond futures, long of course, long as hell... Bonneville Salt Flats are beautiful this time of year... the nonsense rise in TBond yield will end soon... benefit comes throughout the summer when bond market momentum builds and stocks enjoy the ride... but yields will be driven too low as it overcompensates, setting stock market up for another early autumn or late summer sharp decline

best guess for Aug1st long bond yield: 5.2%

/ jim