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Technology Stocks : Dell Technologies Inc.
DELL 133.180.0%12:59 PM EST

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To: Mohan Marette who wrote (57559)8/11/1998 11:12:00 AM
From: Lee  Read Replies (1) of 176387
 
Hi Mohan,..Re:<<Utter nonsense>>

The Economeister says that the bond buying was from Asia and Japan.
economeister.com
US TSY MKT STEADY NEAR HIGHS; FOREIGN MARKET TURMOIL

economeister.com
TALK FROM THE TRENCHES: TREASURY SECURITIES OFF TO THE RACES

Also, if anybody is trying to pick a bottom in the oil patch, like I tried to do, they may want to read the following.

economeister.com
UK ANALYSTS: OIL PRICES UNLIKELY TO RECOVER UNTIL Q4 1998

Finally, all those hoping for a rate cut can just pack it in for another quarter since productivity came in down. The most stressed part of AGs Humphrey Hawkins testimony was the tight labor market and wage pressures which Alan was trying to rationalize by productivity gains. Of course, if we adjust things like we did in engineering school, then we say 'well maybe our measurements were off' or 'maybe our fudge factor' is too conservative and then we look at the government productivity numbers and think it's just bad data?

Regards,

Lee
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