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Technology Stocks : Intel Corporation (INTC)
INTC 35.53-1.1%Nov 14 9:30 AM EST
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To: John F. Dowd who wrote (91166)10/28/1999 11:27:00 PM
From: Harry Landsiedel  Read Replies (2) of 186894
 
John F. Dowd. Re: "Too much competition (i.e. too many goods) to get away with passing small increment in transport costs along." Exactly. You put it better than I did. As long as there's a lot of unused capacity and many manufacturers chasing after the same consumer, price increases will be held down.

Then, of course, there is the deflationary impact of lower prices for computing power. It all adds up.

Finally, I'm not an economist, but if Congress retires some of the debt doesn't that "take" some money out of the system?

HL
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