The New Economy and its Winners Message Board

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Strategies & Market Trends : The New Economy and its Winners

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From: bob zagorin	3/10/2005 10:26:06 AM
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well cnbc reported today that it takes half the oil to produce a dollar of gdp now than it did like 20 yrs ago (not sure of the past date) because of productivity gains. they won't say the word but imo prductivity is 90% technology. the things you can do now with a pc and software, supply chain mgt (to me that includes rfid, logistics etc.), broadband networks, the internet and on and on... that's why i invest here.. also, cnbc is making a big deal about the bubble five years ago today. but i also remember very clearly cnbc was nothing but tech and internet back then. they were daily proclaiming the near death of staple cos like P&G and hedge funds that traded commodities etc.. now its just the opposite. there's a story there but draw your own conclusions..

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