Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic -- Ignore unavailable to you. Want to Upgrade?

To: Sonny McWilliams who wrote (26044)	5/19/2000 7:30:00 AM
From: William Hunt	Read Replies (1) \| Respond to of 27012

Sonny ---China will be let into the WTO organization this year with or without the vote next week . My understanding of the vote is whether or not they obtained permanent most favored trade status with the USA . The human rights issues and the trade issues are a big concern but I do remember back in 1979 MR Carter embargo of Russia where we tried to embargo grain and impact the Russians . They just bought the grain from Canada and Argetinia and really hurt our farm belt area of the US . Personally I think the free trade issue encourages democracy ---it lets the other side see what the stanards of living are like and the freedom that comes with it . BEST WISHES BILL

To: Sonny McWilliams who wrote (26044)	5/19/2000 8:47:00 AM
From: William Hunt	Read Replies (1) \| Respond to of 27012

Sonny ---an interesting link on interest rates : interactive.wsj.com The last time we went through this was back in 94-95 time frame . The rates were raise 2% to slow the economy down ---this time they have already been raised 1.75 % . The economy is already slowing ---I hope they don't overdue it ! BEST WISHES BILL

To: Sonny McWilliams who wrote (26044)	5/19/2000 10:15:00 AM
From: William Hunt	Read Replies (1) \| Respond to of 27012

Sonny--what a forest ! I want to pay higher oil prices ? "The record trade imbalance provided yet another indication to analysts of the strength of the U.S. economy, currently in its record 110th month of uninterrupted expansion. That strength has been driven in large part by U.S. consumers' penchant to buy, something the Federal Reserve has been seeking to rein in by raising interest rates. Its most recent move came Tuesday, when it raised its benchmark fed funds rate by half a percentage point". Crude oil going up is a tax hike along with the interest rate increases . This is something that I am more concern about than the rate increase . Oil is a commodity and is being manipulative artifically by OPEC . "Crude oil prices have almost tripled in the past year, rising as high as $34 a barrel from a 12-year low of $10.35 reached in December 1998. The government also reported that the trade deficit with the Organization of Petroleum Exporting Countries, or OPEC, rose to a record $4.2 billion in March from $3.2 billion in February". Defintely not an open market ---When will we get serious and resolve this issue ? Hope the market starts turning by July---We should see some slowing with oil prices taking a bite , home loans at nine year highs but I still believed companies will turn to technology to increase productivity and the bottom line .I also feel that the government will see unemployment going up which will impact the election . BEST WISHES BILL