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To: Tom Hua who wrote (10902)6/20/2001 10:44:29 AM
From: Jane4IceCream  Respond to of 19633
 
Just a quickie so far today with APL....+1.30

Trading some software <ORCL, MUSE, BEAS>

-Jane-



To: Tom Hua who wrote (10902)6/20/2001 11:36:54 AM
From: Kelvin Taylor  Read Replies (1) | Respond to of 19633
 
Tom, you going to take votes again on the Fed action for next week? 25, 50 or no rate cut?



To: Tom Hua who wrote (10902)6/20/2001 12:05:04 PM
From: Irish  Read Replies (2) | Respond to of 19633
 
GLW>>
When you guys think the bottom is near yell loudly..I would like to load my boat.

Irish:-)



To: Tom Hua who wrote (10902)6/20/2001 12:28:47 PM
From: $Mogul  Respond to of 19633
 
FED TALK: There were two critical remarks delivered by Greenspan a few moments ago. First, according to Market News, Greenspan said that the Fed will "have to be very careful" about emerging inflation. He also said that the U.S. has seen unit labor costs rise despite the slowing in the economy. That second remark was similar to a theme delivered by Fed Governor Laurence Meyer two weeks ago when he talked about how the unemployment rate at the end of the current economic slowdown may be higher than is typical following the end of most economic slowdowns. The implicit message is that the Fed must be careful not to stimulate growth too much given that the factors that underlie inflation (i.e. tight labor markets) will not have been wrung out in ways that would normally lead to a cyclical slowdown in inflation. Greenspan's remark that the Fed will have to be very careful regarding emerging inflation is a warning in the same vein



To: Tom Hua who wrote (10902)6/20/2001 12:37:15 PM
From: Sharck  Read Replies (1) | Respond to of 19633
 
TOM, I did play APL earlier, called it on the room, but hate those spreads, just tried to buy it back at 31.60, but 50 cent spread now, no takers, had to go mkt....