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

To: Augustus Gloop who wrote (7686)	5/17/1999 11:25:00 AM
From: xbrent	Read Replies (1) \| Respond to of 30916

IMO fed will not move and I doubt if they will express a bias at this meeting. If the US economy slows the asian economies will tank again, as we buy their stuff. That could trigger a world wide recession, the big guys don't want any part of that. IMO the fed will hold fire on raising interest rates as long as possible for the above reason. The asian economies are just too fragile at the moment. Mr. Greenspan will cutrail inflation without a doubt, but will wait for a few more numbers to come in verifying that inflation is in deed a serious threat. As far as US stocks are concerned, the markets should have a relief rebound after the fed does not act.

To: Augustus Gloop who wrote (7686)	5/17/1999 11:29:00 AM
From: amoezzi	Read Replies (1) \| Respond to of 30916

Would you share with us your sure bets? Regards, Abdol Ali Moezzi

To: Augustus Gloop who wrote (7686)	5/17/1999 11:35:00 AM
From: oden67	Respond to of 30916

BOW WOW.

To: Augustus Gloop who wrote (7686)	5/17/1999 11:39:00 AM
From: Steve Fancy	Read Replies (1) \| Respond to of 30916

Naz, I agree no rate increase or change in bias at this time. Don't know about a sustainable rally. Not sure what revenue expectations for Dell are tomorrow, but if they disappoint could get ugly. Dell and AMAT are in my mind the end of earnings season, and Oracle (mid-June) is the beginning of the next. Earnings warnings usually start kicking in somewhere in between. I think we'll be lucky to trade sideways for the next 4-6 weeks. FWIW, I personally don't see potential for a major correction, but think we could take 800-1000 points off the DOW ahead of next earnings and believe the internet stocks will suffer the worst. regards, sf