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Politics : Formerly About Advanced Micro Devices

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To: Scumbria who wrote (111857)5/22/2000 2:03:00 PM
From: xun  Read Replies (1) of 1570341
 
Scumbria,

My WAG is Fed will be done raising before the general election. Seams to me the business is betting their farm on Bush. IF Bush is elected, expect fireworks in the market. If the Fed doesn't cooperate, I bet Bush will appoint as many New Economy types for the Fed as he can.

Today's news on Asia's growth for Intel confirms the belief that Internet just begins to penetrate in Asia. All the Internet things US is building out, Asia will be crazy about it. That will translate insane growth rate for the likes of AMD, Intel, MSFT, CSCO, AMAT, etc. The potential of revenue and eanings will far exceed the potential of real inflation, IMHO.

I also expect some sort of focused tech rally when the Congress passes the China trade bill. That's a real deal for the US tech industry. China sells everything in US but high tech goodies and gears. The Chinese are already crazy about the Internet.

Hope this response is not too long:~)

panic
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