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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 37.91-1.4%3:59 PM EST

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To: William Hunt who wrote (26165)6/2/2000 9:30:00 AM
From: Sonny McWilliams  Read Replies (2) of 27012
 
Bill. Well, the employment numbers came in very very good. A lot of people lost their jobs. They expected 200,000 job increases, not counting the census workers. What they got was a decline of jobs. So, again, the FED should be very happy with those numbers. Sheesh. What is this world coming to? I never liked the rate hikes to begin with. I am going along with some of those forecasts that the FED may actually have to cut rates later this year, if this keeps up. Especially if there are more rate hikes. Yes, not all rate hikes are in the economy yet and the results are good or maybe not so good, which ever way you look at life.

There was another tidbit on CNBC a little while ago. Maybe it's a very big tidbit.

CANADA SUPPOSEDLY IS OFFERING MSFT A HOME THERE. THAT COULD MEAN 20,000 JOBS LOST AROUND SEATTLE, IF THEY MOVED ACROSS THE BORDER. WELL, AT LEAST THE DOJ WOULD NOT HAVE TO WORRY ABOUT A MONOPOLY. MAYBE WE WILL HEAR A BIG SUCKING SOUND OF OUR BIG COS. RELOCATING IN ORDER TO GROW WITH LESS INTERFERENCE.

Canada seems to be very new economy oriented. JDSU is thriving there.

Maybe I will have some more time later today. The market looks very strong. Intel has moved through my orig. target of 130 and could be moving big. It also looks like the NAZ will go above its 200 day avg. and that/s what Gail Dudack called a sign that the NAZ could go past its old highs. I believe that was the gist of her talk yesterday.

Sonny
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