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To: bill meehan who wrote (44794)	6/3/1999 9:15:00 AM
From: accountclosed	Read Replies (1) \| Respond to of 86076

Bill Meehan, chief market analyst at Cantor Fitzgerald, saidthe weekly claims were "relatively speaking, not a terri Bill Meehan, chief market analyst at Cantor Fitzgerald, saidthe weekly claims were ''relatively speaking, not a terri bly important piece of data, but every piece of data is very carefully watched now.'' ... ''There's talk about peace in Kosovo and that should help the market,'' said Meehan. Blue-chip stocks ended lower on Wednesday as interest-rate jitters again dogged Wall Street. The technology sector rallied as bargain hunters resurfaced after the recent selloff. ''The technology stocks that were treated like toxic waste onTuesday were bid up on Wednesday,'' Meehan said. ''We coul d open slightly higher,'' he added. biz.yahoo.com you spoke with a few typos <g>

To: bill meehan who wrote (44794)	6/3/1999 9:16:00 AM
From: Cynic 2005	Read Replies (2) \| Respond to of 86076

Me thinks that rising rates in the next meeting is almost certain. 09:04 BROADDUS: FED WILL HAVE TO REACT IF ACCELERATION IN DEMAND LEADS TO OVERHEATING-REUTERS. 09:03 RICHMOND FED'S BROADDUS SAYS HE IS WORRIED ABOUT GROWTH IN DOMESTIC DEMAND-REUTERS.

To: bill meehan who wrote (44794)	6/3/1999 9:20:00 AM
From: accountclosed	Read Replies (1) \| Respond to of 86076

also, saw your pal, Tony Dwyer, on CNBC this morning. He said use the bounce from oversold to raise cash. He was looking for a stiff 15% plus correction after that. It was not so much the higher rates as it was the perception that inflation might be a psychological factor and y2k concerns in the second half.

To: bill meehan who wrote (44794)	6/3/1999 9:36:00 AM
From: MythMan	Read Replies (1) \| Respond to of 86076

>>I believe I'll be following "Wayne's World"<< I'm more partial to Bachelor Party -g-

To: bill meehan who wrote (44794)	6/3/1999 1:30:00 PM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 86076

Bill, has the stock market calculated the cost of this little war in Kosovo?? and also has the market taken into account how much it will cost to rebuild Serbia, pay old deeds to the neighboring countries such as Hungary, Bulgaria, Romania and even Russia for their cooperation?? My guess is easy $60 to $80 billion if not more. I think the bond market sees that and not so much the inflation issue is at stake. That is why I think the Euro is getting weaker, Europe will need to print more Euros SE Asia "hopes" to recover. Japan debt is just in the stratosfere as related to their GDP. BWDIK Haim