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Technology Stocks : Intel Corporation (INTC)

INTC 35.94

-5.1%

Nov 13 3:59 PM EST

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To: William Hunt who wrote (123577)	12/21/2000 6:06:00 PM
From: Dan3	Read Replies (1) of 186894

Re: I do not understand why we are waiting to lower interest rates ---Greenspan has already targeted the markets It's because Bush is running around saying he's going to take a huge whack out of tax revenues. He indicats that it will happen after about a 15 second review of how much to whack and what the implications of his actions will be. That has tied Greenspan's hands - he can't cut rates in the face of a threatened slash in federal revenue of large but unknown size (which will put us back into Reagan style deficits and destroys the value of the dollar). So we are all screwed. Don't blame me, I didn't vote for the lightweight. Dan

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