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Technology Stocks : Intel Corporation (INTC)
INTC 45.51+10.7%Jan 9 9:30 AM EST

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To: john douglas who wrote (130393)3/19/2001 3:05:51 PM
From: Jim McMannis   of 186894
 
John,
RE:"First, if the Fed is listening, perhaps Kumar's opinion that "technology has entered a global recession" will shake them up a little"

The Fed doesn't need a gnat like Kumar for direction.

The FED started to ease agressively in January. Technically, that should signal the bear is over except that there is so much fear and such an overvaluation in stocks that the stock market continues to deflate. So apparently, despite AG, they are just going to deflate.
Probably over deflate, until the big picture becomes clear...

Jim
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