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Technology Stocks : Intel Corporation (INTC)
INTC 38.16+2.5%Nov 7 9:30 AM EST
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To: GVTucker who wrote (123318)12/19/2000 2:57:01 PM
From: chomolungma  Read Replies (1) of 186894
 
The big problem is that there is significant inflation risk.

I think that is an overstatement. Not even the Fed termed the inflation risk as significant. Capacity utilization is the lowest it's been since 94 and take out technology, it's as low as it's been since 92! These are not the conditions that breed significant inflation.

That being said, I think the Fed is waiting for a little more news on the employment front before dropping rates. It should be clear by next meeting.
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