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Pastimes : Favorite Quotes

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To: Robert C. Petersen who wrote (3713)5/6/1999 12:13:00 PM
From: N  Read Replies (1) of 13018
 
Petersen, here's a quote from a real person, uncle Al. Thought you might enjoy:

This view [that profitability from tech driven cost cutting] is reinforced by security analysts who presumably are knowledgeable about the companies they follow. This veritable army has been projecting increasingly higher five-year earnings growth...While there are ample data to conclude that these estimates are biased upward, there is scant evidence to suggest the bias has changed.

Alan Greenspan

Well,at least we don't have to fire up the old woodstove any more...now it's by choice, in the main!

Nancy
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