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Politics : Formerly About Applied Materials
AMAT 259.08-4.1%3:59 PM EST

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To: Jacob Snyder who wrote (55780)11/18/2001 3:03:00 PM
From: Paul V.  Read Replies (2) of 70976
 
Jacob, In response to your following post I recently read in the IBD that Greenspan stated what we still have 50% productivity growth to go in technology. IM), this corresponds with what Greenspan states on page 223 of his book Maestro.

Paul

>The only scenario where I don't get richer (sooner or later), is if the Nas goes to 1000 and stays there for years. That scenario is, I think, still very unlikely. Even if the Nas stays in a range, say 1000 to 2000, for many years (a lot more likely scenario than going to 1000 and flatlining), I'll still get steadily richer, as I go to 40% cash when the Nas is at 2000, and 40% margin when the Nas is at 1000.<
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