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To: Hobie1Kenobe who wrote (18442)	5/12/2000 10:51:00 AM
From: Ex-INTCfan	Read Replies (1) of 35685

JF3, I agree he will go 50 bps -- and I feel it will not have a negative impact on the market. His comments going forward will be most important. Personally I've never subscribed much to the wealth effect that greenie is so scared of, but I do think there is a "lack of wealth effect." By that I mean that I don't find myself spending more when the market is doing well for me, but I find myself being more restrained during downturns. Perhaps that all nets out to the same thing. Didn't catch the journal article -- wish I had. Can/did anyone post it? INTCfan

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