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Technology Stocks : Dell Technologies Inc.

DELL 133.78

-0.1%

Nov 14 9:30 AM EST

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To: Chuzzlewit who wrote (95305)	2/5/1999 3:43:00 PM
From: Lee	Read Replies (2) of 176387

Hi Chuzzie,..Re:.would predict that GDP would be growing at roughly 12% per annum, what will the Fed do? Alan already recognizes this new dynamic. He was the restraining influence several times over the past two years when the rest wanted to tighten. I can produce segments of his speeches and comments where he has specifically referenced productivity and technological gains as offsetting factors to rising wages if required to substantiate. I don't know what the rest of the board would do but if they lost Alan, I would think we could go back to the German style economic restraint. (Alan even did some programming in his earlier years!<g>) If this happened, we could be back to 2% or less GDP growth. SCARY!

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