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Technology Stocks : Intel Corporation (INTC)
INTC 35.10+2.3%Nov 19 3:59 PM EST

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To: GVTucker who wrote (130107)3/16/2001 8:45:10 AM
From: Road Walker  Read Replies (4) of 186894
 
GV,

Still worried about inflation? Maybe we should worry about deflation, long term that can be even more dangerous, especially for equity owners.

Friday March 16, 8:37 am Eastern Time
U.S. wholesale prices tame in February
WASHINGTON, March 16 (Reuters) - U.S. wholesale prices barely rose in February, the government said on Friday in a report that may give Federal Reserve policymakers added comfort as they weigh interest-rate cuts next week.

The Labor Department's Producer Price Index, measuring prices paid to businesses for goods like clothing and gasoline that are ready for sale, increased 0.1 percent last month. Stripping out volatile food and energy costs, the ``core'' PPI fell 0.3 percent, the steepest decline since a 1.2 percent drop in August 1993.

The soft PPI numbers were especially good news in light of the sharp increase in the prior month's report.
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