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: Sonki who wrote (26800)	2/26/2001 2:39:34 PM
From: Sonny McWilliams	Read Replies (1) of 27012

Sonki. Update on rate cut I guess I heard right when I quoted the former FED GOV, W.Angell, as saying that he sees a 60% chance for a rate cut before the next FED meeting. He mentioned this last weekend. I just heard that he now believes the chance is 80% for a rate cut before the next meeting. Maybe it will come before Mr. Greenspan goes before the House on Wednesday. EMC got another downgrade. Lots of techs/telecoms got downgrades today by MER but not all stocks downgraded are trading lower. I watched the proceedings in the Msft case today. Pretty interesting. This is also pretty interesting. Maybe some sore losers will now abstain from telling Pres. Bush that he has no mandate. Electoral votes rule. Maybe we will see some tax cuts in the form of tax brackets. Too bad there is no talk about cap gain tax cuts. dailynews.yahoo.com Sonny PS. Talk about rate cuts are moving the markets now. DOW gaining over 100 and NAS almost 30. Lets hope it goes higher and no profit taking shows up. EMC paring its losses.

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