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To: Glenn D. Rudolph who wrote (14805)10/15/1998 7:04:00 PM
From: Bill Harmond  Read Replies (1) | Respond to of 27307
 
>>It was wrong to do it during market hours.

What difference would it make? The Fed usually announces policy changes during market hours anyway.



To: Glenn D. Rudolph who wrote (14805)10/15/1998 7:07:00 PM
From: Bill Harmond  Read Replies (1) | Respond to of 27307
 
Looks like Yahoo has pulled even farther ahead of Excite:

...traffic to its Web site totaled 50 million average page views per day in September, up 15 percent from June.

biz.yahoo.com



To: Glenn D. Rudolph who wrote (14805)10/17/1998 6:45:00 PM
From: zax  Read Replies (1) | Respond to of 27307
 
10/17/98 YHOO Tankwatch

Zaxbowow Presents....
---
How to Boil A Frog / /
/ /
/ /
/ /
| |/ /
|~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| /
| . . "Darling" _ . | /
| . . __ ___.--'_'. . |/
| ( _'.'. - 'o' ) |
| . . _\.'_' _.-' . |
| ( \'. ) //\' . |
| . \_'-''---'\\__, . |
|. \' '-\ |
| . ' . . . |
|______________________________|
\T/ \/ \T/"~"~"~"~\T/~)~"/ \T/
| (_ ( | \ ( | \) |
| \_( | < |>_>' |
| ~|'-i' ::>|-|" |
| | I;|.|.| | |
| | <|i::|i|'| |
| |(' ^'"'-' |) |
| | % % %| |
/|\ /|\ = FED =/|\ /|\
---------------------------------

How would you like your frog today, Mr. Greenspan?

Cooking Instructions:

Note: Individual Results May Vary

Interest Rate Degree of Cookedness
------------- --------------------
5.50% AMZN..............Raw
5.00% YHOO..............Sunny Side Up
4.50% AOL...............Over Easy
4.00% LU, CSCO..........Medium Rare
3.50% PFI, SGP..........Hard Boiled
3.00% MSFT..............Well Done

------------->

Source:

The New York Times, 10/17/98

The committee voted just over two weeks ago to cut its federal funds target rate on overnight
lending between banks by a quarter point, to 5.25 percent, turning aside pressure from the financial
markets and many economists for a half point cut.

That Greenspan then cut rates on Thursday by another quarter point suggested to many analysts that
the Fed chairman had wanted a half-point cut in the first place, but had not been willing at that time
to force a showdown over the issue with committee members who still see a potential threat from
inflation.


------------->

Definition of the Day:

The Heisenberg Principle

You can never simultaneously know both the exact speed and direction of a particle, without in some
way, effecting it.

------------->

Philosophical thought for the day:

The Internet is the wiring of the collective consciousness of mankind.