MRV Communications (MRVC) opinions? Message Board

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Technology Stocks : MRV Communications (MRVC) opinions?

MRVC 9.975

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Aug 15 5:00 PM EST

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To: Duffeck who wrote (41294)	7/3/2003 12:08:42 PM
From: Dee Jay	Read Replies (1) of 42804

yes, productivity should increase, at least in the short run, if economic activity starts to grow since businesses don't add to their employee count right away. People work harder, put in more overtime, etc. while management waits to see if it's a blip or a trend. But if job creation or rehiring doesn't substantially increase - the purported benefits of the tax cuts kicking in now - then there's going to be a serious (correction: an even more serious) problem for the economy and, by extension, the Administration. "In May, Bush signed a $350 billion tax cut, which will kick in this month with the mailing of rebate checks to families with children and with a reduction in withholding taxes from Americans' paychecks. The administration has said the cuts will give the economy a shot of Adrenalin. Democrats contend the reductions are weighted toward the wealthy and will do little to jump-start growth." (clipped from the referenced article) Dee Jay

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