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Technology Stocks : Intel Corporation (INTC)
INTC 37.81-4.3%Dec 12 9:30 AM EST

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To: t2 who wrote (121118)12/7/2000 2:40:21 PM
From: Hightechhooper  Read Replies (1) of 186894
 
t2, I listened to the call also. Did you hear Peckerhead trying to tell them that they must be wrong? Too bad NSM has no credibility whatsoever.

Even the fed lowers rates I know all these ANALysts will begin upgrading. I think most of them are now expecting the bottom to be in Q1 (if this is only an inventory correction) with some possible spillover into Q2.

It seems to me that in order for this to be more than an inventory correction the fed would have to leave rates unchanged. I can't see them doing that with growth slowing, energy prices falling, stock market down, bond market telling them they need to ease, credit getting too tight too fast, etc. etc. They may be late to act (like 1998 but they will act IMO.
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