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Technology Stocks : Mortgage.com, Inc- (Nasdaq: MDCM)

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To: Boquacious who wrote (381)	9/10/1999 8:58:00 AM
From: Ken Whiteside	of 516

PPI Numbers in. Favorable! 09/10 08:34 INSTANT VIEW -U.S. August PPI up 0.5 percent NEW YORK, Sept 10 (Reuters) - The following are comments from economists and market experts after the U.S. Labor Department reported that the Producer Price Index (PPI) rose 0.5 percent in August after a 0.2 percent gain in July. The core PPI rate, which excludes food and energy prices, declined 0.1 percent in August after being unchanged in July. Economists polled by Reuters had predicted, on average, that overall PPI would increase 0.3 percent while core PPI would advance 0.1 percent. GERALD COHEN, SENIOR ECONOMIST, MERRILL LYNCH & CO.: "This is a really good number. ...This is a very favorable number for the markets and for keeping the Fed on hold."

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