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Technology Stocks : Intel Corporation (INTC)
INTC 35.53-1.1%Nov 14 3:59 PM EST

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To: greenspirit who wrote (25650)7/7/1997 10:57:00 PM
From: mauser96   of 186894
 
There is significant inflation...it's all concentrated in the stock prices (so far ). Stock prices are climbing faster than GNP and earnings. The reasons that it has not spilled over into general prices
are pretty much as you stated. Historically, stock price inflation has eventually spilled over into into the general economy, presumably because people want to spend some of their profits.
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