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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Freedom Fighter who wrote (64231)7/9/1999 11:04:00 AM
From: Mike M2  Read Replies (1) | Respond to of 132070
 
Wayne, good point. The July issue of The High Tech Strategist mentions the productivity numbers and the income component of the computation does not include stock compensation . This is another distortion to productivity stats along with the chained dollar nonsense. What can we expect from the most ethical administration in history HO HO HO On the face of it the numbers supporting the bulls case are absurd and when you look behind the numbers their case becomes even more absurd. There may be even more statistical nonsense which has yet to be discovered. Mike



To: Freedom Fighter who wrote (64231)7/9/1999 11:40:00 AM
From: Knighty Tin  Respond to of 132070
 
Wayne, Cross holdings on Japanese companies is one factor. Another is depreciation. They depreciate, especially high tech cos., at a much faster rate than their US counterparts, hitting the income statement but lowering taxes. BTW, Japanese depreciation rates are much closer to reality than ours.


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