Applied Micro Circuits Corp (AMCC) Message Board

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Technology Stocks : Applied Micro Circuits Corp (AMCC)

AMCC 8.450

0.0%

Feb 3 4:00 PM EST

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To: John F. who wrote (451)	4/16/2000 12:14:00 PM
From: SJS	Read Replies (1) of 1805

John, AG said in 2 speeches and his testimony to Congress last week that he would NOT raise at that level. Even with the higher CPI. I listened to both in RT and some of his congressional remarks, and then reviewed quite a bit of commentary and reaction. All the futures indicators are NOT showing a 50BP increase with high probability. He's got a history of moderate increases and I strongly believe that will be his continued modus operandi. .25 for the discount and fed funds rate is my bet. Steve

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