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Technology Stocks : WDC/Sandisk Corporation
WDC 157.75+0.4%Nov 14 9:30 AM EST

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To: Zeev Hed who wrote (17632)12/26/2000 9:12:13 AM
From: limtex  Read Replies (3) of 60323
 
ZH- do not expect a fed rate cut at least until the March meeting. I do not see unemployment getting high enough in the next two three months to justify their moving

Well there you go. The 1929 - 1940 depression was also created by sky high interest rates. Actually I think that it is certainly possible that this mans obsession with the NAZ's possible recovery could take him all the way to busting the World economy if he hasn't already done so but there are some tough guys in the White House now and they might not put up with his nonsense as the current administration do.

My view is that someone will haul this guy down to earth in January and stop him floating away and get him to cut interest rates.

We now not only have the greatest stock market crash in history, the absolute opposite of the Wealth effect but this morning we have oil prices at less than $22. Indeed so fast are they falling that one of the Worlds other odd-balls, Mr Gaddaffi has come out this morning saying the the West is conspiring to cut oil prices to $10 and that he is going to defend 'their' interest by freezing production.

So no inflation (vitually), no wealth effect, greatest stock market crash in history, business around the World falling over a cliff, auto sales coming to a grinding halt, Japan in the dumps again (no recovery), European economy about to stall.....hmmmmm

Anyway we will soon findout about that. Could I ask your advice about RMTR and the Infineon deal last week. Is that technology valid and commercializeable?

Best regards,

L
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