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Technology Stocks : Compaq
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To: Weekapaug who wrote (5922)9/23/1997 7:07:00 PM
From: hpeace   of 97611
 
ken, I 'm just quoting greenspan.
argue with him.
but, to counter your points.
the unemployment being low and raising rates is okay if prodcutivtiy is increasing like it is. greenspan has repeatedly said that it appears that the low unemployment hasn't been inflationary.
Inflation this low should have a discount rate that is 4.75 not 5.75.
especially since greenspan says that inflation is 1%+ not 2-3%. and, they are ussing a didn't number out of Chicago U.

What are you buying????
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