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Technology Stocks : Intel Corporation (INTC)

INTC 37.51

-0.8%

3:59 PM EST

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To: Dan3 who wrote (142675)	9/4/2001 1:42:23 AM
From: Jim McMannis	of 186894

RE:"that Auto sales were leveling off, despite the current low interest rates." Auto sales are in the dumps...started a year ago. $5K coupons have been in the mail for a while now... RE:"despite the current low interest rates. If housing so much as hiccups, this economy could implode.". Yeap, you've been paying attention. RE:"Anybody know offhand when the next FED meeting is? It's starting to look like we need another 1/2 point cut, rather than another 1/4. And the sooner, the better. Housing can't be allowed to slow down, it's pretty much all that's holding up the economy at this point." If housing is any indication...rates should be upwards of 10% and heading higher...but AG can't do it... We have a very imbalanced economy and taxation structure right now. Tax cuts fueling RE inflation with the rest of the economy heading in the dumper... The scary thing is that these cuts are beginnning to look like pushing on a string with everything but RE... These are very dangerous times... Implode is a good analogy.

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