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Non-Tech : The Critical Investing Workshop

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To: T L Comiskey who wrote (30328)	8/23/2000 1:41:59 PM
From: Jim Willie CB	Read Replies (2) of 35685

for those minions who fret about oil prices... in 1990 oil expenditures accounted for 7% of our Gross Domesticated Product by 1997 oil spending accounted for 3% of our GDP by 2000 oil accounts for 1% of GDP that is a remarkable fact reported by Business Week in a July issue it accentuates the fact that the US economy is fast growing, fast advancing as a technology based information economy with vast services in a decade, I predict the US economic experts wont give either a rat's rectum or its entrails what the price of oil is of course, individual workers and homo-owners will care at the gas pump but the fact remains: US is moving away from smoke stacks, tail pipes, and trucking I still maintain that Cisco belongs in the Dow Transport index / Jim

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