Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 34.50

+2.6%

Nov 21 9:30 AM EST

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To: John F. Dowd who wrote (120399)	12/4/2000 11:13:18 AM
From: GVTucker	Read Replies (2) of 186894

John, RE: Since Gore is a psychopath I can excuse him but Greenspan has been DEAD wrong on the last 3 hikes. Inflation, both on a total basis and core basis (ex food and energy) has been higher this year than it has been for the past six years. Seems that Greespan was right. Blaming him for the current market decline is misguided, IMO; without the rise in rates you'd be facing even worse inflationary pressures. Blame the combination of an inflection point in inflation combined with a decline in earnings expectations.

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