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Staples, Inc. Message Board

  • Anything_that_goes_up Anything_that_goes_up Nov 9, 1998 9:51 PM Flag

    Followup for ntvmoose - is a rate cut co

    As a follow-up to last night's post, yahoo just
    posted the news story about an interview Alice Rivlin,
    Vice-chair of the Fed, did with Reuters
    today.

    http://dailynews.yahoo.com/headlines/bs/story.html?s=v/nm/19981109/bs/economy_28
    .html


    Sure sounds like the rate cut is coming to me. Any
    other thoughts?

    Also, OMX reported today in-line
    with lowered expectations of 27 cents. I've got a good
    feeling about SPLS. Dell started their pre-earnings
    run-up. Futures markets have been positive all night. The
    profits which are going to be taken off the table were
    taken today. I've got a good feeling about tomorrow.
    Now if we can just find the volume. The only stock I
    own which hit its average volume today was Safeway,
    due primarily to the inclusion on Thursday in the
    S&P. Total NYSE volume was down 25-30% from recent
    days. Where was everyone??

    Good luck all.

 
SPLS
16.705-0.105(-0.62%)12:55 PMEST

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