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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: Carl R. who wrote (5687)	6/9/1999 8:33:00 AM
From: Ian@SI	Respond to of 15132

Carl, The revision downward was due to much lower output than originally estimated. Thus the economy is not as strong as was previously thought; and the danger of inflation is much less in the eyes of the bond ghouls. I agree fully with your sentiment that more output at less cost is a wonderful thing from almost every perspective with the one exception of that perverted perspective perceived by the bond (word beginning with "P" and rhyming with "RICKS". <VBG>). Ian.