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To: IceShark who wrote (18433)9/25/1998 12:19:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 
Glenn, Some people think 100 basis points are nearly priced in! Don't ask me how they came to this conclusion, but it would seem that a 1/4 point cut actually may be seen as a let down.

IS,

I suspect 50 basis points are priced in. I doubt anything below that. The 25 basis points would be a let down.

Glenn


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