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To: High-Tech East who wrote (41632)	2/26/2001 6:01:15 PM
From: Charles Tutt	Read Replies (1) \| Respond to of 64865

At least it'd get us lower faster. Assume that, without any panic, Greenspan et al have already decided that they're 200 basis points too high, but that 50 basis points at a time is all the market can absorb without a panic. Then the quickest way to get back where we belong is by a series of 50 bp drops, and the quicker the better. But the other case can also be made. JMHO. Charles Tutt (TM)

To: High-Tech East who wrote (41632)	2/26/2001 6:21:32 PM
From: cheryl williamson	Respond to of 64865

Hi Ken, Short-term traders, day-traders, and market-timers always get into this game of second-guessing human psychology. I think it's a waste of time. Lower interests rates stimulate the economy right now. period. That's a good thing to have happen because the economy needs stimulation. The sooner the better irrespective of what Mr. Greenspan's state of mind is at any given point in time...

To: High-Tech East who wrote (41632)	2/27/2001 5:42:59 AM
From: JDN	Read Replies (1) \| Respond to of 64865

Dear Ken: IMHO the market has a 50 basis point move priced in, but there is ALWAYS that problem that CANT be sure, especially with some inflationary data that came out. So if the Fed moves immediately and makes a 50 basis point cut then the market is ASSURED they were right, whether or not that effects the market prices depends upon what the market THINKS the next move will be. As to recession etc. I have not seen a single economist who has predicted anything worse than a MILD if any recessionary move. JDN