Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Tony Viola who wrote (123587)	12/21/2000 7:33:36 PM
From: Hightechhooper	Read Replies (1) \| Respond to of 186894

Tony, After cursing his name, Greenspan is now the only one who can save us. I had a couple of long conversations with AMAT and HWP friends and internally they are preparing for some very bad things. I won't even tell you what they told me about PC demand currently. He better do something before all of this comes public or there will be another big downleg...Yes I am scared!!

To: Tony Viola who wrote (123587)	12/21/2000 7:44:38 PM
From: Road Walker	Read Replies (1) \| Respond to of 186894

Tony, I don't think you can fault Mr. Greenspan for pumping liquidity into the economy before Y2K. Remember, there were reports of people hoarding cash, emptying ATM machines. That stuff didn't turn out to be true, but if it had, there could have been some serious problems. If you put yourself in his shoes, you would have probably done the same thing. Did the FOMC overtighten, I think yes. Mr. G., from the FOMC meeting notes on the last change, was against the 1/2 point move up. I think their hands were tied at this last meeting, they need the confidence of the investment community, and couldn't make the jump they needed to make from inflation fear to cutting rates. As hard as it sounds, sometimes, we need these guys to be gradualist, not jumping all over the place. Hopefully, there won't be too much pain before they get around to cutting rates, at or before the next meeting. John