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To: William Hunt who wrote (26233)	6/12/2000 8:22:00 PM
From: Sonny McWilliams	Respond to of 27012

Bill. The reason the economy is slowing down so fast with those rate hikes is: "There was NO inflation to speak of". So, it does not take long for the economy to slow down. This good economy came about because of smart business people and very good productivity. Prices could not be raised because of our markets being flooded with cheap goods. So, interest rate hikes will eat pretty fast into profits. Now the market seems to be just as worried about earnings shortfalls than they were with this almost non existent inflation. Maybe deflation is coming if these oil prices stay high for a long time. Maybe the FED should try to direct their energy towards people in charge of that instead towards us poor investors. gg. Economy. I opined all along: Don't fix it if it ain't broke. I don't know if it is a good thing to see lower numbers in the economy. Until the FED gets whatever they are shooting for, it probably does not make a bit of diff. if we have inflation, deflation, good earnings or bad earnings. Some of those FEDs said openly that we need more unemployment. They called it: Employment is too high. Between the FED going after this so called wealth effect and the DOJ going after businesses, all this should not take long. Don't worry. All this comes from a mind that is ticked off today with the action in the markets. And it really is not the markets fault. It's the pundits that make it so. I remember this little phrase "Make it so" from a long ago poster that always was after Intel. gg. Maybe, no matter what, the markets will be up by the end of the year and all this aggravation is for nothing. After all, who says making money investing comes easy? But it is irritating when you think that you check everything down to the nitty gritty and then some so called big shots throw a monkey wrench into your path. BTW. Should we really worry about some losses on paper when they lose things like that? dailynews.yahoo.com Sonny

To: William Hunt who wrote (26233)	6/12/2000 8:56:00 PM
From: Sonny McWilliams	Read Replies (2) \| Respond to of 27012

Bill. CNBC asked today: Should GVT get involved in Silicon Valley? Connecticut Atty Gen. Blumenthal says yes. Silicon Valley says no. Maria interviewed Blumenthal and a Company CEO. This CEO said he does not like Msft too much but he does not believe GVT should go after a company just because it became a success and a fierce competitor as long as the consumer does not get harmed. A company should be able to conduct their business as they see fit. And if putting new things on a browser will make life easier and cheaper for consumers, more power to it. He said again that he is not fond of Msft but his company uses Msft's products because they are good and cheap. He says that the few cos. that cheered the GVT on in Msft's case would regret the day they did and most of them already feel that way now. Go to CNBC.com and read the interview. It's better than my summary. Here is an interesting article. Maybe SUN will be next? Even his good golfing buddy Jack Welsh does not think the GVT is right in their pursuit of Msft. He feels business should be able to thrive without GVT intervention as long as it does not harm consumers. And GE should know that big is better even though their NBC internet tanked in after hours. gg. dailynews.yahoo.com Sonny