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 37.89

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Nov 12 3:59 PM EST

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To: Sonny McWilliams who wrote (26044)	5/19/2000 10:15:00 AM
From: William Hunt	Read Replies (1) of 27012

Sonny--what a forest ! I want to pay higher oil prices ? "The record trade imbalance provided yet another indication to analysts of the strength of the U.S. economy, currently in its record 110th month of uninterrupted expansion. That strength has been driven in large part by U.S. consumers' penchant to buy, something the Federal Reserve has been seeking to rein in by raising interest rates. Its most recent move came Tuesday, when it raised its benchmark fed funds rate by half a percentage point". Crude oil going up is a tax hike along with the interest rate increases . This is something that I am more concern about than the rate increase . Oil is a commodity and is being manipulative artifically by OPEC . "Crude oil prices have almost tripled in the past year, rising as high as $34 a barrel from a 12-year low of $10.35 reached in December 1998. The government also reported that the trade deficit with the Organization of Petroleum Exporting Countries, or OPEC, rose to a record $4.2 billion in March from $3.2 billion in February". Defintely not an open market ---When will we get serious and resolve this issue ? Hope the market starts turning by July---We should see some slowing with oil prices taking a bite , home loans at nine year highs but I still believed companies will turn to technology to increase productivity and the bottom line .I also feel that the government will see unemployment going up which will impact the election . BEST WISHES BILL

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