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To: BGR who wrote (62876)	6/16/1999 12:32:00 PM
From: Lizzie Tudor	Respond to of 164684

BGR, I don't know much about how the economic data is collected and determined, however I have said here that in California my feeling is that we experienced a peak in inflation and demand about 6-8 weeks ago and are now slightly declining. The real estate market was completely obscene in April but has slightly cooled (which is relative to Ca). My problem is that I live in N Ca so its a bubble and I'm never sure how it relates to the rest of the US economy, however, if a real shift ever occurred inflationary or no, I think I would sense it here. Nothing coming all summer I believe and btw the internet high tech workforce is less labor intensive than software automation. I'll bet there are fewer software engineers working at ebay than we had on some very large ERP implementations 3 years ago - in fact I'm sure of it. Last year was when the demand for IT workers peaked short term, because ERP was still strong with its massive labor requirements and the internet sector was starting to explode. So, no labor inflation in the tech sector for now. After y2k , I don't know. OK thats my uneducated opinion, that'll teach you to ask again... remember I have an opinion on everything PS yeah trying to get up by 8am now.... trying..... thank god for Starbucks and Peets