SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : All About Sun Microsystems

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Steve Lee who wrote (47716)3/8/2002 7:49:52 AM
From: Charles Tutt  Read Replies (1) of 64865
 
Yes, Star Office read it fine; good suggestion. I see it now, but I don't see how it supports your argument. The "chained" 1996 dollar GDP numbers are LOWER than the unchained current dollar numbers, as are the most recent yearly and quarterly deltas. That suggests things would look even brighter if the unchained numbers were used.

I know people have criticized the "hedonistic" adjustment, and I can see their point, but the alternative (comparing, in some sense, apples now with oranges then) seems just as bad. Perhaps the ultimate response is that if your decision making depends heavily on evaluating small differences in large numbers (the classic numerical analysis problem of evaluating derivatives), you're going to have difficulties. If seasonal and other adjustments swamp the underlying information, you might as well just go with your gut.

JMHO.

Charles Tutt (SM)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext