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Technology Stocks : Intel Corporation (INTC)

INTC 40.56

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To: Jacob Snyder who wrote (57816)	6/13/1998 2:00:00 AM
From: TTOSBT	Read Replies (2) of 186894

>"re: "Greenspan warns + possibility of fed tightening before year end > 50%:" "He stated that he continues to be surprised by the fact that low unemployment has not produced any signs of inflation. If you read what the man said, and don't get the information second or third hand, there is no way to interpret it as a warning of impending fed tightening." "< IMO Greenspan been talking a good interest rate fright for past two years. If interest rates needed to be raised Greenspan would just do it and he wouldn't be saying he was going to! Also the bond market collectively knows better than Greenspan that interest rates need to be lower, hence Greenspan fear's if he lets on than market will take off and that would create a bubble he could not handle so he is steering us to more moderate type investing. What he is doing essentially is just like raising rates without really doing it. TTOSBT

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