Semi-Equips - Buy when BLOOD is running in the streets! Message Board

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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!

LRCX 162.22

-3.9%

12:04 PM EST

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To: Cary Salsberg who started this subject	12/5/2000 11:44:52 AM
From: scott_jiminez	Read Replies (1) of 10921

Chances of Fed loosening just increased significantly... Tuesday December 5, 11:27 am Eastern Time Stocks Up As Greenspan Sees Slowdown NEW YORK (Reuters) - Stocks rocketed in mid-morning trading on Tuesday after Federal Reserve Chairman Alan Greenspan said the economy had slowed from its breakneck pace, boosting expectations that the U.S. central bank may cut interest rates next year. The nation's top inflation fighter, addressing a group of community bankers in New York, added to speculation that the central bank may pull back on its tightening stance. The Fed has jacked up interest rates six times since June 1999, sparking fears that corporate profits will suffer in the wake of a slowing economy. (abridged) biz.yahoo.com

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