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Technology Stocks : Dell Technologies Inc.

DELL 121.05

+4.9%

Feb 6 9:30 AM EST

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To: Mohan Marette who wrote (136766)	7/15/1999 9:49:00 PM
From: Ian@SI	Read Replies (1) of 176388

Economy- U.S. inflation zero in June, cools Fed fears Well Ian how'bout that,amazing if you ask me. Actually, it's not that amazing, IMO. Tomorrow, we'll see the capacity utilization numbers again. As long as Capacity Utilization remains below 81%, companies won't have pricing power. ... and US capacity looks good relative to the global picture. So even if the US excess is cleaned up, there's still the imports to keep inflation in check. I'd be amazed if inflation started to be any concern prior to Capacity Utilization exceeding 84%. And with the low unemployment rate, Capital Equipment continues to replace the need for people with a resulting productivity improvement. ... and its inevitable addition to unused capacity. :-) Isn't life great!!! Ian.

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