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Technology Stocks : Intel Corporation (INTC)

INTC 35.75

+3.6%

3:59 PM EST

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To: Scumbria who wrote (120462)	12/4/2000 3:48:01 PM
From: Jim McMannis	Read Replies (1) of 186894

RE:"The market was booming until your buddy decided to raise interest rates six times. I really don't understand how you can make these bizarre remarks." AG started raising rates in June 1999. 18 months ago. The Nasdaq went on to new highs for 9 months. But really, my point is that markets are cyclical. Seeds get sewn many years prior. Clinton taking credit for the stock market run up is just a silly as him taking no credit for it running down. OTOH, him signing the biggest targeted tax cut in history made it very difficult for AG to fine tune the economy. AG was too slow on the trigger if anything. AG has to play the hand dealt to him by Congress and President too... Jim Jim

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