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Technology Stocks : Dell Technologies Inc.
DELL 135.98+3.0%Dec 2 3:59 PM EST
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To: Lee who wrote (131516)6/7/1999 9:56:00 PM
From: Ian@SI  Read Replies (1) of 176387
 
Lee,

First, thanks for all of the absolutely great links and the concise, pertinent commentary.

Re the Unemployment rate. It's quite misleading and significantly undercounts the available workforce in the 51st state (Mexico) and the 52nd state (Canada).

Re demand being too strong. Whatever could they have expected would result from NAFTA? Every study that I'm aware of, from countries that have adopted freer trade shows an identical growth effect.

And re air fares. The pressure to have seat sales remains as long as there's excess capacity. The marginal cost of filling an extra seat is very close to zero. Yet I believe the government tracks only the list price, not the average price for a can of tuna or a seat on a particular flight.

FWIW,
Ian.
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