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Technology Stocks : Dell Technologies Inc.
DELL 133.35+0.1%Nov 28 9:30 AM EST
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To: GVTucker who wrote (163356)12/19/2000 4:35:08 PM
From: D.J.Smyth  Read Replies (1) of 176387
 
Arthur, the closet Alan, gave one reason why insanity is preferred to reason today:

``The drag on demand and profits from rising energy costs, as well as eroding consumer confidence, reports of substantial shortfalls in sales and earnings, and stress in some segments of the financial markets suggest that economic growth may be slowing further,'' the FOMC said in its post-meeting statement.

U.S. stock markets initially gave up much of their pre-meeting gains after the news, with the technology-laden Nasdaq plunging briefing into negative territory, but they rebounded much of the way back just minutes later.

``This is exactly what we expected. This is good news. The Fed is moving in the right direction and clearly signaling interest rate cuts in the first quarter of next year,'' said Arthur Hogan, chief market analyst at Jeffries & Co. in Boston.

a) Which market was the writer looking at reference the "rebound"?

b) "This is good news." I like myself. I work in Boston. I like it when stock prices fall. I like depression. See Alan run. See Alan ruin the economy. This is fun. I like children's stories. See those short stocks make more money. See them laugh.

If IDC's data is correct, someone is selling PCs. You can't have 19% YOY PC growth without someone selling a PC somewhere.

biz.yahoo.com
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