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 : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: marginmike who wrote (30744)	5/24/1999 3:49:00 PM
From: Ramsey Su	Respond to of 152472

Mike, who said rates are going up? Think about it and you will realize that is pure BS. However, just because rates are not going up does not imply stocks continue to have great background. Ramsey

To: marginmike who wrote (30744)	5/24/1999 5:36:00 PM
From: Jim Willie CB	Read Replies (1) \| Respond to of 152472

interest rates already went up in a spike... oil price increases are real... dont expect gas prices at the pump to continue their recent rise... but most of CPI rise owes to TOBACCO Fed aint gonna raise rates... the CPI report followed by publicized "raising bias" allowed the market to do the Fed's job... this has become a safer Modus Operandi... besides, Fed rate hike would seriously increase value of US$ and sabotage lesser currencies, like in Asia... Greenspan does NOT want to repeat his error of spring97... anyone remember Thailand, Indonesia, Korea and the Asia Flu??? now we have the 2-3 weeks in reaction for stocks, maybe a longer consolidation where good news dont mean sheiss... rates should subside gradually, down slightly today even... long way to end of qtr and super earnings announcement can you say "margin call" ??? a frog in a boiling kettle / jim