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Technology Stocks : Intel Corporation (INTC)

INTC 37.89

-0.1%

Nov 12 3:59 PM EST

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To: Tony Viola who wrote (123525)	12/21/2000 5:12:16 PM
From: William Hunt	Read Replies (4) of 186894

Tony ---Thanks for the article from Kudlow . I hope he is right about three new Fed Governors positions becoming available . We need some fresh thinking on the board definitely. GDP came out for the third qtr today at 2.2 % --which means the fourth qtr at best will be 1.0 to 2% GDP . The fourth qtr we know is usually the strongest qtr of the year for GDP . I do not understand why we are waiting to lower interest rates ---Greenspan has already targeted the markets and had more than enough correction even by his standards . Seems funny but I really do not understand why they did not have only three interest rates hikes for the year 2000 instead of six and let the economy slow down to the 3.5 GDP that Greenspan wanted . Would have been a lot lees painful for everyone BEST WISHES BILL PS MERRY CHRISTMAS

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