Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 37.89

-0.1%

Nov 12 3:59 PM EST

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To: GVTucker who wrote (130422)	3/19/2001 6:47:58 PM
From: Road Walker	Read Replies (2) of 186894

GV, Just saw on CNBC, Vegas is giving about even odds on a .5 rate cut; 6 to 1 on a .75. Still confident in 3/4? Your reputation is at stake <g>. Seriously, 1 1/2 in 3 1/2 months is fairly aggressive, considering that the economy, outside of tech, is still showing growth, a recession still not confirmed. And there is sentiment value to the idea that rates will continue to come down in the future. I think I would rather have a 1/2 point cut with the expectation of an additional 1/2 point cut, than a full point cut with the expectation that that was the last move. Even though the market begs for an over-reaction, in the end it appreciates moderation. John

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