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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 71.07-1.4%3:59 PM EST
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To: DMaA who wrote (20678)1/16/1999 9:19:00 AM
From: nihil  Read Replies (1) of 77397
 
As expected, a sharp rise in tobacco prices related to the recent industry
settlement boosted the PPI. Cigarette prices soared 30.7%. If not for that, the
core PPI would have dropped 0.1%, the Labor Department said.

There is no inflation in this system -- dominated by falling tech product prices -- and semis f.i. are not even corrected for increased productivity. Real industrial prices are decreasing steadily The tobacco situation is obviously a politically induced change.
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