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Ciena Corporation Message Board

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  • merlynp merlynp Mar 12, 2001 5:05 PM Flag

    almost unimaginable no rate cut, if

    We are seeing wholesale price increases on many items, and our operating costs have increased, due to natural gas and oil price increases.

    This means a general increase in prices, read "inflation". It would not surprise me if no rate decreases are forthcoming this month. With a 1/2 point cut, factored into market prices, we will see a continued slide in stock prices, but not a 1929 situation.

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