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Technology Stocks : Intel Corporation (INTC)

INTC 35.10

+2.3%

Nov 19 3:59 PM EST

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To: Scumbria who wrote (128821)	3/2/2001 1:35:57 PM
From: The Duke of URL©	Read Replies (1) of 186894

``Had we moved too soon we would have altered the path of adjustment and conceivably created a higher level of economic activity that we are currently seeing, inducing far greater imbalances and a far greater correction of adjustment than we are seeing at the moment,'' Greenspan added. Allow me to translate, I am fluent in Fedspeak: Translation: "We bumped up the rates abit to compensate for the Government pissing away a little extra money at the conclusion of the Clinton administration and if that caused a blow out of a bunch of bullshit dot coms that were never going to make any money, anyway, except for the promoters and they already got most of theirs and it was better to do it now than to wait."

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