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Technology Stocks : JDS Uniphase (JDSU) -- Ignore unavailable to you. Want to Upgrade?

To: Kayaker who wrote (15010)	12/19/2000 4:18:47 PM
From: pat mudge	Respond to of 24042

Given GWB's arm-around-the-shoulder, back-slapping, highly inappropriate, made-me-want-to-barf routine after his meeting with AG yesterday, I thought a rate cut was pretty unlikely. I agree. Recent Fed speech may give light on current decision: federalreserve.gov . . .A more rapid pace of technological change raises the real rate of return on new investments--perhaps significantly. Put another way, a more rapid pace of technological change makes investments in capital goods embodying the new technology more profitable. When businesses recognize the new technological possibilities, capital spending accelerates to take advantage of the new profit opportunities. . . . Pat