Cyrix 1 Where anything goes Message Board

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Technology Stocks : Cyrix 1 Where anything goes

CYRX 8.760

-0.8%

Nov 13 3:59 PM EST

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To: j. w. kampfe who wrote (259)	3/1/1997 1:29:00 AM
From: hpeace	of 640

thread, greenspan may do somehting. He would prefer to bluff like poker. I hope that dueces and kings are wild<g>. He needs to have all the weapons at his disposal. He doesn't right now. He cannot lower interest rates and if he needs too. He has inflation at 1% not the 3% that the bad gov't numbers peg it at. But, even with the low inflation he cannot lower interest rates for two reason. it would fuel more stk matket rise which he thinks is a little ahead of it's self. It would also strenthen the dollar more and the $ has moved to strength quicker than planned. He knows that can be disruptive to the international markets as well as the US. And it can negatively impact corp profits if the rise is above the hedging model for internat'l compnaies. In short he's in a bind and hoping the market will retreat so lowering rates is a possibility if needed.

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