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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Barry Grossman who wrote (97795)	1/29/2000 12:59:00 AM
From: Harry Landsiedel	Respond to of 186894

Barry Grossman. Re: " where is the inflation? Good question. Another point to bear in mind is that as unemployment drops and the employment cost index rises, companies behave like good capitalists. They substitute CAPITAL for LABOR!! Inotherwords, they invest more in technology. So when you see numbers like today's or unemployment drops to 4.0%, it's a good reason to own Intel.:) HL

To: Barry Grossman who wrote (97795)	1/29/2000 12:12:00 PM
From: Jim McMannis	Read Replies (1) \| Respond to of 186894

Barry, RE:"Other than the recent oil cartel tax we are forced to pay, where is the inflation?"... What business are you in? Of course if you take food and energy, the stock market, Real Estate, building materials, automobiles out of the equation along with a bunch of other inflating items...there is no inflation. <G> Jim

To: Barry Grossman who wrote (97795)	1/29/2000 1:23:00 PM
From: Road Walker	Read Replies (3) \| Respond to of 186894

Barry, re: "Today, I was surprised to hear Al Gore admit to Ron Insana today that it is actually beginning to look like the rate of productivity increase is itself increasing." In fact Mr. Greenspan said the same thing this week in his confirmation testimony. He said the growth rate of the increase in productivity was ACCELERATING. He even made a hand gesture imitating a chart with accelerating growth, Of course, he said it was uncertain when this trend would end. I do believe there are a few signs of inflation, just beginning. Even PC ASP's are starting to go up. If global demand continues to increase, and capacity is limited, we may see more inflation in the near term. I wonder how effective the fed can be in slowing the economy. Capital used to come primarily from banks, now with the VC's and IPO's, and so much wealth in the hands of the middle class to invest, I think the Fed may have lost some of it's influence. Higher interest rates are not going to stop a company like Intel, with $12B in cash (?) and an $8B capital venture fund (well, maybe less than that now <g>), from building a new Fab. So the Fed may be on a mission that it can't accomplish. What happens if they keep raising rates, and nothing happens? John

To: Barry Grossman who wrote (97795)	1/29/2000 1:32:00 PM
From: exhon2004	Read Replies (1) \| Respond to of 186894

Barry: re >>Maybe GM, Ford, Corning, and the like will suffer some from higher rates, but I can't see how they can do much damage to Intel.<< Interesting you should mention GM and Ford. Both these companies are working with B2B e-commerce companies to put their $87 Billion and $80 Billion, respectively, procurement systems on web-based auction systems. The savings are estimated to be in the 10-20% range. Fewer personnel will be involved and the prices obtained will be lower. As the squeeze of higher rates impacts on manufacturing industries and they are unable to raise prices due to global excess capacity the only way to avoid shrinking margins is to invest more in technology. Regards, Greg PS Commerce One got the GM deal and Oracle is working with Ford.

To: Barry Grossman who wrote (97795)	1/29/2000 11:17:00 PM
From: Gerald Walls	Respond to of 186894

Tuesday will likely bring a 25-50 basis point hike but I was under the impression that this had already been factored in. I read somewhere that the Treasuries had factored in a 20% probability of 50 basis point hike. The stock market really didn't believe that a 50 basis point hike was possible, but I think on Friday it started to believe. I think that it's a done deal that the Fed will hike, but I think it's a toss up between 25 and 50 basis points. With as strong as the numbers were on Friday I believe he can justify a 50 basis point increase (remember, he wants growth in the 3.5% area) but since he's a gradulist he'll probably only hit us with 25 basis points and then everyone will fret about the next hike. That'll make for a rough winter and spring. I think we'll get at least 75 basis points before he'll be satisfied enough to wait and see what happens.