Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 36.20

+0.1%

Dec 26 9:30 AM EST

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To: TGPTNDR who wrote (164845)	5/3/2002 1:49:13 PM
From: Jim McMannis	Read Replies (1) of 186894

*RE:"Think that'll be enough to convince our BELOVED* fed chairman to loosen the bias?** Maybe even the interest rate?" It really goes beyond interest rates. The bubble is bursting but certian areas of the economy are doing quite well. Interest rates are wierd. For instance...you'll pay about 7% for a home mortgage right now but get relatively nothing on a money market account. You can have a couple million in cash and barely make enough interest to live off it. People are scared to death of the stock market. Flipping RE w/it's tax break is what's happening but who knows how long that will last. RE:"Weren't you one of those who thought that last 1/2 point increase 2 years ago was justified?" More like 2.5 years ago. They were probably too little to late and based on the y2k bubble, likely were ineffective anyway. After the bubble we were destined to crash, no?

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