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Politics : Formerly About Applied Materials
AMAT 322.32-5.6%Jan 30 9:30 AM EST
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To: Gottfried who wrote (42408)2/21/2001 8:38:09 AM
From: michael97123  Read Replies (1) of 70976
 
G,
In the short scenario all tech stocks will be penny stocks and still will be overvalued. The CPI numbers will hurt us at the opening. Any idea of what they mean? After all the rate cuts is inflation still a problem or is there an explanation? Does higher inflation mean that the recession is being hyped and that the downturn will really be a temporary thing? That would be a bullish view of inflation numbers that will give the fed pause. I just don't know where we are headed at this point. Mike
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