Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 301.11

+6.9%

Jan 9 9:30 AM EST

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To: michael97123 who wrote (42041)	2/11/2001 8:46:28 PM
From: FR1	Read Replies (1) of 70976

Let me see if I have this right. You guys are saying that the FED cut the interest rate and the big guys are now arguing with the banks about the re-fi on their debts. Once that is settled and they feel no U turn is in order from the FED, they start being aggressive in their budgets. Another way to look at it: - How can you make a budget if you don't know what your debt payments will be? You need to settle any re-fi deals with the bank first. Also, maybe most big businesses are holding out for the next cut to get the best rate possible. Is that what you are thinking? If so, that's what I think too. If AG had ears he would do the interim cut now, make it 1/2 point, and tell everyone not to expect any more for a while. Then we can get on with business.

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