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

To: William Hunt who wrote (123346)	12/19/2000 5:29:30 PM
From: GVTucker	Read Replies (3) \| Respond to of 186894

William, RE: . Is it worth over a trillion dollars dollars in market cap and a real possibility of a recession ? The answer is obviously ---no . Well, no, it is not obvious, otherwise we wouldn't be having this debate. There is not anything Greenspan could do right now to rescue the market. If he cuts rates too much, he could do much harm. Greenspan is trying to fight high oil prices with high interest rates . The only problem is that OPEC can tighten the spigot more than he can raise interest rates . OPEC has little control right now over oil prices. The member countries have most probably been producing at full capacity for some time now. The only logical way to fight inflation is through higher productivity rates ---something he had some control over but has chosen to abandoned How could Greenspan control productivity rates?