Intel Strategy for Achieving Wealth and Off Topic Message Board

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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic

INTC 39.50

-1.2%

Nov 3 3:59 PM EST

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To: Sonny McWilliams who wrote (26788)	2/21/2001 9:33:23 AM
From: William Hunt	Read Replies (2) of 27012

Sonny ---Good Morning ---Well Mr Greenspan continues to play the "Game" and in the process the nation economy is going down with it . I remember "harpening" on energy last year a lot and I know you had to get tired of hearing me talk about it . Greenspan took it to heart and destroyed the one tool he had to combat it ---productivity . This is not an inventory reduction that is going on at present ---it is a recession . With " Just In Time " at lot of companies when "Demand " drop"s off it really drop's off as what happen in November ( Usualy one of the strongest periods of the year ) . The inventory reduction should have shown signs now of clearing out by now . The real issue still is energy in a free market ---the price should fall in a slowing economy but our allies that we defend are really putting it to us ---- foxmarketwire.com We need to resolve this before the market will recover other wise we could be looking at another two years of stagflation ( similar to the 1970's ) Some points : 1)pull the troops out of the mid east ---would send a message that we are tired of being rape and pillage 2)forget about a tax hike ---it will tie the FED hand in lowering interest rates 3)Develop a National energy policy --stop this environmental BS and drill where ever oil is available ---the only place I have really heard of oil spills is with shipping the last ten years and we both know that technology has improve dramatically and we have a lot less impact on the environment 4)Replace Greenspan --we need a fresh start ---the man does not have a real understanding of what is happening with the economy . Should have waited on that last half point increase last May and reviewed it later and definitely should have started lowering interest rates in November . The funny thing is that he seems to treat this as a "game" with the double talk and the control issue and not telling people where we are headed and being consistent . He tells us in January I am really worried that growth is going to be zero and then three weeks later we are not going to go into a recession . How the heck does he know ? CSCO Chambers sell equipment to almost every business in the US and says we are in a recession ---( I really feel that he has a better feel than Greenspan since the data he receives in more real time ) An article from PIMCO on where interest rates will have to go to restart the economy : pimco.com With the stagflation issue I do not know if Greenspan will do it . I keep hearing productivity is still growing ( 2.5%--lower than inflation ) but it is coming from people being laid off thus the people remaining have to double up . The laid off people represent lower tax receipts , lower surplus and the cycle feed on itself . Enough on the FED ---will buy some stocks soon and still long the stocks that I bought last year . A tremendous amount of cash on the sideline with all the selling ,Ira deposits and 401k money . I agree with you stocks would have corrected on their own . Still looking at the storage area and some of the second tier like AMCC ,JDSU etc . I do not think I will cost average down but diversify to improve my prospects in the future . The one issue that I am still studying is the sell side issue and will posts my guidelines in the next week or so . The most important thing I have pick up out of this debacle is trying to learn to err on the side of caution and preserving funds ( hopefully gains ) . I am one consumer that is officially in a recession mode whether the FED wants to believed it or not . Lets stay on the thread through this to provide some sort of counterbalance to what we hear through the media . Might help us profit BEST WISHES BILL

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