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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: edamo who wrote (32504)	3/6/2001 3:21:26 PM
From: stockman_scott	Read Replies (1) \| Respond to of 65232

McTeer: Fed Focus on Avoiding Recession Tuesday March 6, 2:49 pm Eastern Time <<IRVING, Texas (Reuters) - Federal Reserve Bank of Dallas President Robert McTeer said on Tuesday that ``terrible'' recent inflation data would not distract the Federal Reserve from its current focus on avoiding an economic recession. The U.S. Producer Price Index (PPI) spiked 1.1 percent in January, while Consumer Price Index (CPI) jumped 0.6 percent in that month. ``We just had a terrible, terrible PPI report that was followed by almost as bad a CPI report and normally that would be enough to make me put on my hawkish feathers and say strong things,'' said McTeer, a non-voting member of the Federal Reserve's interest rate setting Open Market Committee. ``Right now, I'm not going to pay any attention to that. I'm going to worry about avoiding this recession, and we can get back to inflation later,'' he said. The Fed slashed its key overnight bank lending rate twice in January, on each occasion by half a percentage point, taking the rate down to 5.50 percent. The Fed is widely expected to cut rates by another half percentage point when its rate setting committee next meets on March 20. The Dallas Fed president said President Bush's $1.6 trillion tax cut plan, before Congress at the moment, would not have to be offset by Fed rate increases. The Bush plan would put money back into Americans' pockets and could therefore act as an economic stimulant.>> Best Regards, Scott BTW, the CURRENT INSP Insiders have NOT sold for months --> its only the former GNET insiders that were forced out. INSP has almost $500M in cash and will be profitable again within 2 QTRS (the only reason they are not turning a profit at the moment is due to the fact that they made several large aquisitions last year)....INSP is presenting this Friday morning at Merrill Lynch's Internet Infrastructure Conference...IMO, the MM are still covering but we will see the upgrades coming. INSP has over 30 patents pending and has in a sense created 'the MSFT Office productivity suite' for the wireless and broadband world...They have taken their estimates down recently and should be back to consistently beating sales and earnings estimates. Look at OPWV if you want to see a high valuation...INSP will come back to the double digits as it demonstrates it can integrate its aquisitions and create great value for its partners. Watch for the company to surprise on the UPside in the months ahead...=)

To: edamo who wrote (32504)	3/6/2001 4:09:43 PM
From: im a survivor	Read Replies (1) \| Respond to of 65232

<keith...what's the attraction toward insp...> See my earlier post...it pretty much explains it....bottom line is I think the news has been good, and the future looks bright....additionally, I think it is one of the stocks that will have a higher% gain then the averages...if the naz moves, insp could move big....of course this is just my opinion....but regardless, I like it's chances of appreciating from these levels assuming the naz and economy get back on track....thanks Keith