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Technology Stocks : All About Sun Microsystems

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To: Charles Tutt who wrote (45059)	9/7/2001 11:28:30 AM
From: JDN	Read Replies (4) of 64865

Dear Charles: Well, here is what I mean about perception, today was announced a HORRIFIC employment report indicating joblessness at 4.9%!! YET, you and I are both old enough to remember when it was UNIVERSALLY felt that it was NOT POSSIBLE to bring the unemployment rate under 6%!! Now we have far more employees in the work force and HORRIFIC is considered 4.9%. Maybe, just maybe, the pundits are shaping our impressions--dont you think?? Just as the stock market had its bubble there is all the likelihood that employment had its bubble. Also, if you want to take the negative, its being announced that the manufacturing sector is the fly in the ointment with its cutback in jobs, YET no one says NAFTA caused all this. For if they were to say that they would have to blame the CLINTON ERA. Personally, I believe in NAFTA and maybe, just maybe the cutback in manufacturing jobs is due to improvements in technology in THIS country and the shipment of lower echelon jobs overseas!! Everyone with half a brain knew that NAFTA was going to cause temporary economic stress on people untrained for this new world BUT in the END we all will be better off. JDN

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