Intel Strategy for Achieving Wealth and Off Topic Message Board

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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic

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3:59 PM EST

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To: Yaacov who wrote (26793)	2/20/2001 7:14:21 PM
From: Sonny McWilliams	Read Replies (1) of 27012

Yaacov. I forgot to mention that the FED had a meeting this morning at 11 am. They supposedly discussed the discount rate. There will be another meeting next Monday and the discount rate supposedly will be discussed again. So maybe we will get another rate cut this month. In March is what we call the Open Fed Meeting, I believe. At those meetings we collectively hold our breaths. That's when the FED will inform us with things like this: Rate hike, rate cut, no change. I believe it's only those meetings where we will hear down the road what has been discussed. When the FED decides on a cut or whatever at other meetings, it's called interim, in between actions. The FED will also keep in touch by phone. Maybe I will check on this matter some more so I really know what the heck I am talking about. gg. Intel and other techs in after hours. biz.yahoo.com Sonny

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