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To: Brasco One who wrote (14339)9/29/2001 8:49:17 PM
From: Tom Hua  Read Replies (4) | Respond to of 19633
 
Donny, some so-called analysts just don't get it. They think the Fed must cut 75 bp to fuel a rally. Since when is the Fed's monetary policy catered to fueling a one-day rally in the market? Greenspan has cut 8 times this year and look where the market is today compared to the first cut.

Some analysts believe another rate cut of a half-percentage point, or 50 basis points, has been factored into the market. So they believe the Fed will have to do the unexpected -- cut rates by a more aggressive 75 basis points -- to fuel a rally.

biz.yahoo.com

Althought the consensus out there is 50 bp, I think for the first time this year Greenspan will do the unexpected and it ain't 75 bp.

Regards,

Tom



To: Brasco One who wrote (14339)10/1/2001 8:00:02 AM
From: Tom Hua  Respond to of 19633
 
Donny, 2 PRs from RBAK this morning.

Monday October 1, 7:39 am Eastern Time

Press Release

SOURCE: Redback Networks

Belgium's PTT Selects Redback Networks' SMS
10000 in Mass Deployment of Broadband Services
biz.yahoo.com

Monday October 1, 7:40 am Eastern Time

Press Release

SOURCE: Redback Networks

Redback Networks Extends Market Share
Leadership in Broadband Aggregation

Pioneer in Subscriber Management Technology Continues to Gain
Market Share Per Industry Analyst Reports
biz.yahoo.com

Regards,

Tom