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To: Keith A Walker who wrote (4129)8/8/2000 9:54:25 PM
From: Raymond Duray  Read Replies (1) | Respond to of 6531
 
OT: Fed Watch

Hi Keith,

Yes, $300 seems in range. The CSCO numbers are in keeping with the latest government stats, which are indicating an acceleration in productivity that appears to be of a secular nature, current bafflegab from the analysts regarding semi-conductor oversupply/shortage worries notwithstanding.

You are now getting a lot of concurrence on your call for no FOMC action through the end of the year. You might find this, the latest from Bloomberg's Caroline Baum to be either interesting or of some use:
quote.bloomberg.com

Regards, Ray