Compaq Message Board - Msg: 2939783

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Technology Stocks : Compaq

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To: werefrog who wrote (10839)	12/11/1997 2:19:00 PM
From: hpeace	Read Replies (2) of 97611

james, where you are getting the myth of the interest rate hikes is not from the fomc...they are talking rate declines in 1q98 if htis continues... and absolutely no rate hike in dec. It's easy to get this nyth fomr the ignorant press.. Greenspan actually articualted that the unemployment number that is extremely low hasn't been inflationary becasue of prodcutivity increases. and greenspan also says that inflation is really 1+% right now and they don't use the b. of stat numbers becasue their basket on what they measure is not modern. they use stats out of uNiv. of Chicago for that. those guys are savey.. I think Freidmen is there or still influencing their eco dept. By the way...my profession is MIS and manufacturing but I also almost have a PhD in Eco and minor in econometrics from the 12th ranked eco dept. in the USA at the time. MAny of my professors studied under Freidman and Fergerson. several of my professors you know... Phil Gramm and Wendy Gramm<ggg>

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