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Technology Stocks : 2000: Y2K Civilized Discussion -- Ignore unavailable to you. Want to Upgrade?

To: bearcub who wrote (570)	9/12/1999 11:32:00 AM
From: Bald Eagle	Read Replies (1) \| Respond to of 662

Respectully , bearcub, I think you missed his point. I don't think he meant the relatively high oil price would be included, but that the effect of high oil prices would have trickled through to higher prices of other consumer products which are in the CPI and PPI. JMHO

To: bearcub who wrote (570)	9/12/1999 6:13:00 PM
From: vestor	Respond to of 662

As an individual component I agree, however the price of almost everything has an energy component in it. Further investors seeing a high CPI and/or PPI may perceive that there is a problem and decide to withold new $ to their mutuals. Its almost like a fundamentally sound company whose stock falls for no good reason except that wall street hates it. We do care that the average investor is not investing even if we agree he has no good reason to.