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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 48.76+10.9%Jan 28 3:59 PM EST

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To: Frank Ellis Morris who wrote (25142)1/7/2000 10:51:00 AM
From: William Hunt  Read Replies (1) of 27012
 
Sonny --A couple of thoughts from the employment reports ---
1)Productivity is canceling wage gains if not creating a negative number
2)A shortage of skill workers ---Industrial capacity is in the low 80's ---no where near constraints to push prices higher ---retail workers where the big increase is non -skilled ---very low pay--the remaining employed are non -skilled individuals
3)The economy is growing to strong ---will cause a shortage of capital thus raising interest rates ---give me a break ---tax receipts will be so strong and keep the government out the market from borrowing plus buying back debt this summer that interest rates should dropped
4) call it what they may ---interest rates are being targeted to slow growth and the stock market ---the real problem is that the FED has no paradigms to go buy so we have to guess along with them on what they might do
5) The long term for the foreseeable future is a no brainer ---we going up as long as technology continues this onslaught ---The saying is that technology doubles every two years ---Boy are we in for a heck of a ride !

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