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NetApp, Inc. Message Board

  • island_power island_power Mar 2, 2001 5:19 PM Flag

    Fed will not cut rates

    at the next meeting.....if they do it will be a token .25........

    scary isn't it?

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    • He cant really fight the fed futures which are calling for .75% move, if he resists the futures market and we go into a recession he will have to 100% accept blame for it by going against the system, he will never do that! No way! His pride and ego are way to big to ever compromise his position to the point where he would have to accept full responsibility of a recession.

      by not lowering at least .50% he would be in a position of accepting full responsibility of a recession.

      calvin

    • It is unreal. I am under water now and refuse to sell. I believe in NTAP and rode it to 150 and back. They are in a growing sector where storage will be needed even for brick and mortor comp. In 3-5 years you will be kicking yourself if you sell. I know it hurts, don't give your shares away. I must be crazy but have been buying this and other tech companies all the way down. I could loose big time with 90% tech but when it recovers..........

      We have lost more money due to government or fed policies than one realizes. I hope you are wrong about 1/4 point.

    • It is unreal. I am under water now and refuse to sell. I believe in NTAP and rode it to 150 and back. They are in a growing sector where storage will be needed even for brick and mortor comp. In 3-5 years you will be kicking yourself if you sell. I know it hurts, don't give your shares away. I must be crazy but have been buying this and other tech companies all the way down. I could loose big time with 90% tech but when it recovers..........

    • Fed futures already indicate a 100% chance for a .50 basis cut. that's right, 100% for the March meeting.

      Scary what you don't know, and what you do know isn't it?

 
NTAP
43.40+0.36(+0.82%)Sep 18 4:00 PMEDT

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