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To: Scumbria who wrote (128828)3/2/2001 12:26:31 PM
From: GVTucker  Read Replies (1) | Respond to of 186894
 
The last time that I was in strong disagreement with many on this thread was last spring, when I tried to convince the masses that Intel's income from investments would be neither predictable nor sustainable.

Europe indeed is doing much better than the US right now. It is not a coincidence that Europe did not have the same imbalances caused by an overinvestment in technology. In fact, a year ago all that you read was how far behind Europe was falling behind us.



To: Scumbria who wrote (128828)3/2/2001 12:30:05 PM
From: GVTucker  Respond to of 186894
 
Things are much better in Europe, yet their benchmark rate has risen 90% over the same period of time that ours has risen 37%.

If our own Fed rate increases are the source of our problems, how can that be?


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