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To: Road Walker who wrote (126007)1/25/2001 1:40:56 PM
From: Yaacov  Respond to of 186894
 
John, thank you indeed for your post. I would have hate to play poker with Mr. Greensapn! The man is tough. His lips are shut and he guards his words! I was wondering if anybody would read something that scaped me! Now I can go and brush a few! gg

Kind regards

Alex



To: Road Walker who wrote (126007)1/25/2001 1:46:35 PM
From: Hightechhooper  Respond to of 186894
 
John,

I would go one step further and add that Greenie is saying he will cut by 50 next week. His major concern is consumer confidence and he was very clear that if consumer confidence broke a certain barrier then we would be in deep doo doo. If that is true why would he error on the side of hurting confidence (i.e. going 25) versus helping it (i.e. going 50).

Time to buy back the 37.5's I sold yesterday...

Don't worry about SNDK, the fed will help you out next week.

good luck,



To: Road Walker who wrote (126007)1/25/2001 3:14:45 PM
From: William Hunt  Read Replies (2) | Respond to of 186894
 
John -- 50 basis points next week . The best way to give the money back to the people is to pay off the national debt . Who do they think owns all the paper ? Much more productive and much more equitable for all the citzens in the US ( lower interest rates effect everyone ) .
By the way tax cuts is just another way to create class war fare . Only 50% of workers pay Federal taxes ( not including social security ) so why should the tax cuts go to the people who do not pay them ? We know Congress will find another earned income credit for individuals who do not pay any taxes at present . If they really wanted to help the economy which is what I heard in the meeting why not lower the capital gains tax or margin rates for the people who do pay taxes ? Since this will not happen I would rather have them pay the national debt off

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