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Technology Stocks : JDS Uniphase (JDSU)

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To: MileHigh who wrote (4490)1/16/2000 10:34:00 AM
From: Jean M. Gauthier  Read Replies (2) of 24042
 
Indeed...

I am so tired of people seeing inflation under every rock, in 1999 the inflation rate was the same or lower than 1965.

Inflation is dead, period.

I know NO companies (apart from monopolies) that can raise prices.

I know almost nobody getting over 2-2.5% in raises, unless it is stock options...

I SEE people doing very well as IT (and other) contractors with their small businesses, put they are saving on taxes (by paying themselves low salaries)..

I see people (those w/o IT skills primarily) falling behind in some cases, depressing average incomes.

I see no inflation.

The price of OIL has DOUBLED this year, and where is inflation... in the 2.5% range ?

WOW !

But nobody says this, the fearmongers are everywhere...

AS well, the REAL RATE of RETURN (Interest rates - inflation) is among the highest in living history...

JMHO

Take care
Jean
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