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 : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?

To: D.J.Smyth who wrote (19412)	6/1/1999 11:01:00 AM
From: Boplicity	Read Replies (1) \| Respond to of 41369

In May, 19 percent of purchasing executives reported paying higher prices, 14 percent reported paying lower prices, while 67 percent reported that prices were unchanged from the preceding month. trickle too ----> 67% unchanged I wish the FED would raise get it out of the way, having the prospect of higher rates looming over the market is not good... Once they do raise,investor will worry about them raising again. We are in this cycle now, only time will relieve the market of the worry... Greg

To: D.J.Smyth who wrote (19412)	6/1/1999 11:25:00 AM
From: Steeny	Read Replies (1) \| Respond to of 41369

I also don't think it is wise for the Fed to raise, just very likely. 1. When they moved to a tightening bias, they made it clear that a raise was imminent if data kept coming out as strong as it had. 2.The Medley report stated that FED hawks had switched to a pre-emptive stance from reactive.-that flat #s would still lead to a raise. 3. Core CPI much stronger than expected. 4. Durable goods(excluding defence and planes) rose quicker than expected. 5.GDP #s have been very strong and have shown growth more than 50bps above the yield curve. 6. Real estate prices and new home sales have been extremely high. Housing starts have been quelled only by lack of supply(not demand) lumber prices very strong despite weak commodoty prices.