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To: C Hudson who wrote (62473)1/4/2001 10:22:15 PM
From: Ahda  Respond to of 116764
 
All
Darleen -
Technology stocks rose in Thursday's aftermarket, gaining back some ground lost in regular trade, after another surprise announcement from the Federal Reserve (news - web sites) that it cut the U.S. discount rate again.

The only surprise is that someone was surprised. This cut was already baked in the cake yesterday, and anyone paying any attention would have heard or seen that this second cut only needed a bank request for it to be granted. This was the only reason that the full half point wasn't included yesterday with the original announcement, although the announcement did make clear that it was going to be granted.

Regards, Don



To: C Hudson who wrote (62473)1/5/2001 6:52:15 AM
From: long-gone  Respond to of 116764
 
<<, Bush takes office Jan 20th and the Exchange Stabilization Fund gets out of the hands of Summers/Rubin/Goldmans >>

Lets hope the new administration is not falling into bed with the bad guys!



To: C Hudson who wrote (62473)1/7/2001 1:40:54 AM
From: IngotWeTrust  Read Replies (1) | Respond to of 116764
 
Well, HUUUUULLLLLOOOOOOoooo Stranger! Nice to see you back with us! Chime in anytime...good to hear from you. Life treating you well?

O/49r