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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?


To: TTOSBT who wrote (53775)12/4/2000 11:43:55 AM
From: johnd  Respond to of 74651
 
Best thing to do, go with FED. Buy ahead of a monetary easing trend and sell ahead of monetary tightening. Now starts easing trend. Some view Fed will ease about 200 basis points in this easing cycle. Some expect 10 yr treasuries to go as low as 4%.

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WSJ: Fed Leaning Toward Shift in Outlook

NEW YORK (Reuters) - The Federal Reserve is ``leaning heavily'' toward
softening its stance that inflation poses the greatest risk to the economy,
warning that a sharp slowdown in growth poses an equal danger, The Wall
Street Journal reported on Monday.

``The new view would likely declare that the danger of a sharp slowdown is
at least as great as the risk of rising inflation -- the first time officials
have made such an assessment since early 1999, when fears of the Asia
crisis were still lingering,'' the newspaper reported.

Wall Street analysts think the policy stance will shift when the Fed's
rate-setting Federal Open Market Committee meets on Dec. 19 for its
final meeting of 2000.

The Fed, which raised interest rates six times from June 1999 to May 2000 to keep a booming economy
from fueling inflation, is not expected to cut rates in December.

But many Wall Street strategists are upping the odds of a rate cut early next year, and U.S. bond
markets have priced in several rate cuts next year.

The Journal said, however, that the Fed could give financial markets a Christmas surprise, slashing
rates if two key economic reports -- Friday's employment report and next week's retail sales data --
come in weaker than expectations.



To: TTOSBT who wrote (53775)12/4/2000 11:54:13 AM
From: johnd  Respond to of 74651
 
Clue to the most lasting OS choice and customer favorite.
quote.yahoo.com



To: TTOSBT who wrote (53775)12/4/2000 3:52:35 PM
From: Harvey Allen  Respond to of 74651
 
>INTC expanding an existing FAB a short while back as they couldn't meet demand

TTOSBT- In 1992 IBM went into a massive build up of plants for demand that never materialized. The market shifted from high cost centralized computer power to low cost de-centralized computer power. Maybe there is another shift in progress.

Harvey