Intel Strategy for Achieving Wealth and Off Topic Message Board

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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic

INTC 38.33

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Nov 5 3:59 PM EST

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To: Sonny McWilliams who wrote (26716)	12/18/2000 1:04:53 PM
From: William Hunt	of 27012

Sonny ---Sorry I have not posted in a while ---been under the weather . Are you enjoying MR Greenspan recession as much as I am ? 1999 2000 Core CPI 1.8 % Core CPI 2.7 % CPI 2.7 % CPI 3.5 % So for an increase of .8% inflation rate we have wipe out over a trillion dollars in market cap . More importantly we have knock productivity down from a 5% rate in 1999 down to 3.4 % and is heading south due to the lack of technology investment . I wish I could understand all of the logic in this . I saw where Greenspan and Bush met this morning ---Bush wants a 1.3 trillion tax cut to grow the economy ---heck the guy he was talking too is the person who is taking us into a recession ---nothing has change from last year except interest rates and oil prices . I will say again Greenspan has no control over oil prices except to put us in a recession and slow economic growth . It would seem the alternative of increasing productivity would be an easier way of countering inflation than the path he has chosen . Stock market grows ---capital gains grow ---tax revenues grow ---budget deficit shrinks . Oil prices are in a reasonable area if you adjust for inflation over the last twenty years . What we need is a new energy policy to take us to hydrogen as a fuel soruce 1) keep the dollars in the USA 2)security concerns ---eliminated 3)bring our troops out of the Mid east area 4)then Greenspan would truly have an impact upon inflation 5)eliminate pollution since half of it come from transportation and the other half from coal fired plants built before 1977 The person we put into place for the Energy Department will be a major improvement over the body we have had in place for the last several years ( MR Richardson ) but we need a policy to take us out of this never ending cycle we are in . Sonny are you just sitting tight during this debacle or are you trading or buying any stocks ? Hope things other than the market is going well BEST WISHES BILL

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