Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 34.72

-2.3%

Nov 17 3:59 PM EST

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To: Jim McMannis who wrote (90770)	10/21/1999 6:15:00 PM
From: Harry Landsiedel	Read Replies (2) of 186894

Jim McMannis. Re: "Perhap AG will be reluctant to hike in light of Y2K and allow the bubble to expand further. Maybe, but AG keeps saying he's only interested in equity prices in terms of their impact on the economy. One guess is that he fears that too many people are ignoring the signs of a maturing business cycle (more inflation, weaker dollar). So he's trying to talk the market down, rather than let it rise too far and then when he has to aggressively raise rates see it crash. Re: Y2K The last I read he is now downplaying Y2K in terms of having much REAL impact. He now may be afraid of the kind of panic selling we saw today, which may prevent him raising rates when he really needs to. The plot thickens. HL

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