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Technology Stocks : JDS Uniphase (JDSU)

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To: Tunica Albuginea who wrote (4465)	1/15/2000 10:18:00 PM
From: Hank Stamper	Read Replies (2) of 24042

"CPI below expected.S&P exploding up to +19 from +9 pre-numbers. CNBC:" No inflation ". :-)" See what I mean. This is simply not the picture. CPI is backwards-looking. So what if there was no inflation yesterday. Does anybody here think Greenspan gives a tinkers *$%# if milk did not go up yesterday? Heck no. CPI is meaningless for us here. Actually, its worse than meaningless, it is dangerous to pay attention to CPI. Again, it is the prospect for inflation today and tomorrow that counts. A focus on CPI may be perilous. Ciao, David Todtman

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