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


To: Frank Ellis Morris who wrote (123341)12/19/2000 6:17:35 PM
From: chomolungma  Respond to of 186894
 
If anyone wants to write and tell me how wonderful Mr. Greenspan
has been over the past gazillion years spare me the bullshit and take it
somewhere else. I think most of us had enough of this hostility and
disappointment and are completely Fed up with the Fed.


Well, I won't tell you how wonderful Mr. Greenspan has been. He likely kept interest rates too low for too long and the market went to absurd levels causing an unsustainable jump in consumer spending. We are now going to pay for that mistake, but lower rates won't rescue the market, once popped a bubble can't be restored.



To: Frank Ellis Morris who wrote (123341)12/19/2000 7:23:30 PM
From: Jim McMannis  Respond to of 186894
 
RE:"Technology Tanks after Fed Meets. Mr Greenspan would do the country well
to resign.
Thanks for the no action Christmas present Mr. Greenspan. "The Fed's
interest-rate-setting Federal Open Market Committee warned the economy
was slowing so fast that there was a risk of a sharp downturn. The warning,
interpreted as a signal that the central bank would slash interest rates in the
future, was a disappointment to some investors who had bet that the U.S.
central bank would take an even more
aggressive stance"
---

Relax Frank, if need be AG will ease in January.
Bias has been changed. The market was going to tank today regardless.

Jim