SI
SI
discoversearch

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 : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?


To: William Hunt who wrote (128415)2/27/2001 4:12:30 PM
From: GVTucker  Respond to of 186894
 
Normally I wouldn't take CNBC's word for anything.

In this case, though, they're right.

Per David Skidmore, a legitimate Fed spokesman, Greenspan will indeed present a revised testimony. Most of the text will remain the same, with some text "updated" to reflect additional data on the current economic situation.



To: William Hunt who wrote (128415)2/27/2001 4:16:58 PM
From: Tony Viola  Read Replies (2) | Respond to of 186894
 
Bill, >What another disaster today ---really starting to wonder if Greenspan has gone senile .

The clue might have been the plethora of 25 - 50 cent words in his speeches, or has he always talked like that? The Fed needs to get up to speed with the Internet age and stop looking at primarily month old indicators like PPI and CPI. Larry Kudlow was right on the money, wasn't he?

Tony



To: William Hunt who wrote (128415)2/28/2001 1:50:57 AM
From: Yaacov  Read Replies (2) | Respond to of 186894
 
Bill, then I guess he he has to say to the congress the we are in Recession, and he has screwed-up the economy. I feel terrible. Had the sorse night of sleep in a long time, as I don't see how we are going to get out of this. If we are in Recession, then maybe not even rate cuts will be sufficent to revive the Equity Market. Once we are out of this mess, I will change a lot of things. It doesn't make senese to make four step four word and than in on stroke whipe out the gains of four years.

Kind regards

Yaacov