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Technology Stocks : Intel Corporation (INTC)

INTC 38.16

+2.5%

Nov 7 9:30 AM EST

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To: Amy J who wrote (131030)	3/28/2001 8:27:14 AM
From: GVTucker	Read Replies (3) of 186894

Amy, RE: Okay, on a serious note, what are their options other than the interest rate switch? My biggest worry is implicit in a quote from this morning's Wall Street Journal: The harsh reality is that if the country really is in the middle of a sharp slump, there is little any president can do in the short run. But as Mr. Bush knows from his father's experience, there's a huge political cost in appearing not to try. IMO, the best solution is for the government to stay out of the way. Unfortunately, I think that if we start to see signs of a true recession rather than just a slowdown, President Bush is going to panic and try to come up with solutions that will only make the situation worse. And this is where having a Treasury Secretary with zero capital markets experience will really hurt.

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