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Technology Stocks : Intel Corporation (INTC)
INTC 40.51+0.4%3:59 PM EST

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To: Raymond Thomas who started this subject12/19/2000 2:31:12 PM
From: Hightechhooper  Read Replies (2) of 186894
 
Man, have I (and about half a dozen ex fed governors on CNBC) lost a boat load of respect for the fed. First they pump the stock market up with steriods at the end of 99 and into 2000 over fear of Y2K (which only a complete moran would fear) and now, just like 1998, the economy needs something and they move too damn slow.

Why the fu$$ wouldn't you move now and delay further cuts later if you don't need them. The first cut is nothing but psychological anyway, the second and beyond are what really moves the economy. Their is no downside to cutting 25 now and keeping the gun ready for later IF YOU NEED IT. But if the economy slows further the damn fed still has the gun in its holster and they will need to get 2 shots off quickly if things stay bad and it won't be possible until more damage is done.

Fu$$ you greenspan!!

Sorry for the ranting
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