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Politics : Formerly About Applied Materials

AMAT 326.58

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2:09 PM EST

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To: orkrious who wrote (48044)	6/17/2001 10:16:47 AM
From: Proud_Infidel	Read Replies (2) of 70976

IMHO, it is a non-event. We know it will not be a net negative for the economy since more money is in the hands of consumers. However, will it be a positive event or a non-event, as you seem to think? Given that families with children should get back an average several thousand dollars per year, I do not see how you can claim that it will be a non-event. At the VERY LEAST, it will be psychological boost that people have more money coming to them and may be less inhibited in purchasing a new MP3 player or the such. But the $300 and $600 rebates are just the tip of the fiscal iceberg. enquirer.com Excerpt: Mike and Michele Sherman might save as much as $6,300,* or 22 percent of their 2000 tax bill, from the fully phased-in breaks — as long as they don't fall victim to the Alternative Minimum Tax.* As an aside Jay, I do not understand how you could have gone from being so Bullish a year or two ago, to be super Bearish now, AFTER we have seen a decline of 60-90% for most technology companies. Do you believe that the end of the road is upon us for technology? Are we all headed back into caves and using the abacus? And using words like bullsh** do absolutely nothing to help me see your point of view FWIW. BK

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