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

To: michael97123 who wrote (110806)	9/22/2000 12:53:27 PM
From: Yaacov	Read Replies (1) \| Respond to of 186894

Mike, Euro has lost over 25% against USd and we expect to see it at 0.80 to 1 before it picks-up again. Once the big / meet or even earlier, there will be a rate hike. That should help stablize Euro. With expensive USD the US exports to Europe are bound to suffer. That will apply to US PCs and OPEC can easily increase the production by 2.5 million and US will not have to release the reserve. In case, the increase at the flow lines will take two months to be felt at gas pumps. So the crisis will not be solved before the election! I beleive this crisis may cost Democrats the White House, the same way the recession did cost Georeg Bush Sr. the election!