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Technology Stocks : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?

To: Cory Gault who wrote (50386)	8/8/2001 4:39:52 PM
From: niceguy767	Respond to of 275872

Cory: ""That IDC report must be exceedingly sour" That and the fed "beige book" is a nasty combination." Sounds like anlysts are finally looking past the cover and unearthing not a fairy tale but a nightmare...With all the rate cuts since January, typically we'd have seen signs of recovery by now...That the 'tech wealth base" has not only not recovered, given these rate cuts, but, on the contrary, is threatening to nosedive once agin to new lows, has to be of grave concern to the fed wizards...If interest rates can't spur a recovery, what, then, will??? Some say, that deflation (like we're seeing with AMD and INTC) is a greater threat than inflation. I like Pravin's strategy of cash at the moment!