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Technology Stocks : JDS Uniphase (JDSU) -- Ignore unavailable to you. Want to Upgrade?

To: Ibexx who wrote (16843)	1/22/2001 11:12:41 PM
From: t2	Read Replies (2) \| Respond to of 24042

Not sure about that. I heard from two Wall Street sources that a 25 basis point cut would seem to be in the cards Those were the types of "experts" I was mentioning.<g> The CA utilities crisis with the bond issue on the way from the state---is what seals 50 basis points, IMHO. It will just tip the scale in favor of 50bps. Even if CA was not an issue, there still seemed like a good possibility of 50 anyways. My point is that this helps make the decision a lot easier and the fact the market is forecasting a reasonable chance of this happening also helps. That is why this is no longer just a economic decision on the economy in general. The FED probably wants to make it easier for CA solve the problem, recognizing the seriousness.