Intel Strategy for Achieving Wealth and Off Topic Message Board

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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic

INTC 38.16

+2.5%

Nov 7 9:30 AM EST

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To: billwot who wrote (23767)	6/12/1999 5:40:00 PM
From: William Hunt	Read Replies (1) of 27012

billwot---Some interesting tidbits about the market --- 1)since April 10th the thirty year treasury bonds has increase from 5.40 to 6.15 ---an increase of 75 basis points ---three FED rate increases 2) according to the CBOE the thirty year treasury bond is the most oversold since the early 1980's The worst case scenario is the FED raising .25 in June and possibly in August . This is base upon the CPI coming into too high Wednesday ---which I still have some strong doubts about . The best case is that the FED will take a wait and see attitude . I think we will fall in somewhere in between . One rate increase at the June meeting and wait and see . If this is the case then we are setting ourselves up for a nice summer rally . Bonds will retrench some with the stock market moving higher base upon First Call earnings estimates being 10 to 12 % higher for the second qtr . To give you a comparison to last year the second qtr earnings increase by 3 % . First Call is also looking at earnings to be up 15 % in the third qtr ( this is base upon the FED not taken away the punch bowl entirely ) Should be a positive period to make some money in the market ---Just my thoughts BEST WISHES BILL PS Where the heck is everybody ?

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