Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 301.11

+6.9%

Jan 9 9:30 AM EST

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To: michael97123 who wrote (41744)	1/30/2001 4:16:08 PM
From: John Trader	of 70976

Michael, This is probably old news now, but AMAT just warned. Also, checking CNBC right after the close today, it was mentioned that there was a lot of talk today of a possible 3/4 point cut by the Fed tomorrow. Maybe that just sets us up for a sell-off if we get the widely anticipated 50 bp cut. It was also mentioned that for a 50 bp cut, the resulting cut of 100 bp in one month would make the combined rate cuts rather extraordinary. I think they said the last time the Fed cut by 100 bp in one month was back in 1982. John

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