FED TALK Message Board - Msg: 15141948

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To: Kelvin Taylor who wrote (65)	1/8/2001 11:02:20 AM
From: Kelvin Taylor	Read Replies (2) of 94

FED acted to slow? Monday January 8 10:52 AM ET Techs Slide on Fresh Earnings Jitters By Denise Duclaux NEW YORK (Reuters) - Technology stocks skidded in early morning trading on Monday as a fresh batch of profit warnings exacerbated fears that the slowing U.S. economy is knocking the wind out of Corporate America. ``There is no true sense of confidence,'' said Bryan Piskorowski, analyst at Prudential Securities. ``The Fed is stepping in the right direction and our feeling is the Fed will continue to keep a close eye on the economy and combat slowing. But the market is thinking it's too little too late.'' dailynews.yahoo.com

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