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 : WDC/Sandisk Corporation -- Ignore unavailable to you. Want to Upgrade?

To: limtex who wrote (17668)	12/27/2000 12:51:59 AM
From: Craig Freeman	Respond to of 60323

Limtex, anything is possible but I wouldn't count on a rate reduction from the Fed any time soon. However many friends the Fed might make in the process, the eventual depression that could result is too much for mortal men to ponder. To keep the U.S. bond market alive, the U.S. 'must' maintain competitive rates within the world market. Otherwise, foreigners would sell our bonds ... driving prices down and actual interest rates up even higher than they would have been if the Fed had acted to maintain a more elevated U.S. interest rate structure from the start. In other words, as private investors we either lose ... or we lose. Craig