COMS & the Ghost of USRX w/ other STUFF Message Board

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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF

COMS 0.00130

-18.8%

Nov 7 11:47 AM EST

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To: Moonray who wrote (18961)	6/16/1999 9:09:00 AM
From: DMaA	Read Replies (1) of 22053

Gates, Greenspan disagree: Gates Says He Expects Further Gains In Productivity Through Technology By JOHN R. WILKE Staff Reporter of THE WALL STREET JOURNAL WASHINGTON -- Microsoft Corp. Chairman Bill Gates told a congressional panel that the burst of productivity growth brought by computers is just beginning. "We will absolutely see productivity increases coming out of the use of technology for many years to come," Mr. Gates said. "We are very much at the beginning of what can be done," he said, predicting that "in the next five years, we will make radical progress in the business sector." Gates Testifies Microsoft's CEO Bill Gates says the software industry's contribution to the U.S. economy will be greater than any other kind of manufacturing by 2000. Mr. Gates spoke to the Joint Economic Committee a day after Federal Reserve Chairman Alan Greenspan told the same panel that "something special has happened to the American economy in recent years" because of computerization. But Mr. Greenspan also warned that technology's effect on productivity "can't increase indefinitely." . . . interactive.wsj.com

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