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 : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: bambs who wrote (48609)	2/8/2001 6:11:20 PM
From: American Spirit	Read Replies (1) \| Respond to of 77400

Need to take a chill pill. The sky is hardly falling. rates cuts will help the market a lot. Increased liquidity and capital expenditures. CSCO numbers aren't so bad unless cap expenditure slows.

To: bambs who wrote (48609)	2/8/2001 6:57:05 PM
From: t2	Respond to of 77400

bambs, You are right. Greenspan is going to save the market. Or put it another way, he has the ammunition to do so if he wishes. What happens if he cuts by another 50 bps soon? Money market assets are still increasing...reaching huge levels. Just read that story I posted. When the rate of return keeps dropping in money market funds, the money will start flowing into the stock market because the return on money market assets will drop! The bigger the cut, the bigger the inflows into the stock market. I did not even mention the bond market. If money market assets had been steady or decreasing, then I would be tempted to say that rate cuts will not help much (only create a short term bounce). Given the money market assets levels, he can easily save the markets, IMHO. If the next cut does not work, he will cut again and again. ------------------ Here is another story on money market fund levels breaking records. thestreet.com