To: Dennis J Baltz who wrote (72751 ) 10/17/1998 6:50:00 PM From: zax Read Replies (1) | Respond to of 176387
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, DELL....Medium Rare 3.50% PFI, SGP..........Hard Boiled 3.00% MSFT..............Well Done -------------> Source: The New York Times, 10/17/98The 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.