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Technology Stocks : America On-Line (AOL)
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To: Steeny who wrote (16740)5/12/1999 8:13:00 AM
From: sam  Read Replies (1) of 41369
 
Productivity is still strong. technology advances are still helping us lower costs in production of goods. Energy prices are just adjusting back up to where they were -- and price rising in that arena is NOT an "honest" sign of inflation. As for Asia, question is whether it'll lead to rising prices here or, indeed, MORE competition for our goods, leading to greater stability in pricing. That said, I feel -- as far as inflation goes -- we should be fine for a while. Now, will the FED raise rates?
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