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Technology Stocks : Dell Technologies Inc.

DELL 142.68

-2.7%

3:59 PM EST

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To: Chuzzlewit who wrote (105982)	3/1/1999 3:08:00 PM
From: edamo	Read Replies (1) of 176387

chuz re: inflation.... i'll allow you to correct my numbers, but please allow me to correct your perception of oil...iraq is not a major player due to its political situation....malaysia,east malaysia,brunei, and indonesia are sitting with wellhead valves turned off....india has cut back on the ongc fields...china sea is silent...south american producers suffering....drilling activity down because no need to explore when vast reserves exist....deep well drilling in the north sea and gulf of mexico have tapped reserves over the past years that were never attainable...steam injection, etc..gives high output...the one thing that most analysts miss is the unmeasureable impact of technology on productivity...bond market is dominated by the same mentality as the equities market...too much excess in movement either way...economies can have smooth growth curves, but the perception of same by the augurs of financial future can't grasp the concept of growth without serious inflation...

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