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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: DellFan who wrote (124593)5/14/1999 8:33:00 AM
From: Rich Young  Respond to of 176387
 
Not so fast.....

08:30 APRIL APPAREL PRICES UP 1.5%, MOST IN 9 YEARS.
08:30 APRIL FOOD PRICES UP 0.1%.
08:30 APRIL GASOLINE PRICES UP RECORD 15%.
08:30 APRIL ENERGY UP RECORD 6.1%.
08:30 GAINS IN CPI DUE TO ENERGY, APPAREL, TOBACCO.
08:30 APRIL CPI NEARLY DOUBLE EXPECTATIONS.
08:30 APRIL CPI CORE UP 0.4%, MOST IN 4 YEARS.
08:30 APRIL CPI SOARS 0.7%, MOST SINCE GULF WAR.

but....

08:30 APRIL CPI STILL SHOWS NO SIGNS OF WAGE-PUSH INFLATION.
08:30 APRIL TOBACCO PRICES UP 3.6%.
08:30 APRIL MEDICAL CARE PRICES UP 0.4%.



To: DellFan who wrote (124593)5/14/1999 8:38:00 AM
From: GRANOLA  Read Replies (5) | Respond to of 176387
 
cpi .7%, core rate .4% (expected .2%)

bond mkt selling off due to this hint of infl'n...i say HINT because that's all it is...the bond mkt is overreacting as usual...more econ. news due out later this morning will further shape the mkts.

this news alone shouldn't influence the fed's bias, imo.

i hope that everyone keeps cool...or they will keep churning these high quality stocks and taking our $$...

cheers, GR


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