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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic -- Ignore unavailable to you. Want to Upgrade?

To: Sonny McWilliams who wrote (26876)	4/18/2001 5:36:47 PM
From: Frank Ellis Morris	Read Replies (2) \| Respond to of 27012

Finally after all these months we really have now the Fed are our side The unexpected surprise lowering of the short term interest rates by 50 basis points really took me by surprise. I checked to see how the dow was doing and thought I was hearing a mistake. It is amazing how those idiots on CNBC say not to fight the Fed but now they say that the economy must be really bad and perhaps the Fed knows something we do not know. Give me a break. Since Allan now is on our side I will take him out to dinner when he come around here (ggg) I only have a small amount of Philip Morris and was looking at it when it was trading at 20 yielding 10%. Our techs were over the moon back then and all the analysts and investment advisors thought I would be really stupid to throw out the techs and go with big MO. Well lets hope that since Uncle AL is lowering the rates, we will see some major improvement in tech earnings and reward shareholders in this regard. nice news from IBM and Apple after the bell and the After hours markets are doing quite well. If interest rates are going down now it does not seem like a good idea to remain in fix income vehicles. Moving back into techs Later Frank