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To: bill meehan who wrote (66826)	10/6/1999 12:21:00 PM
From: per strandberg	Read Replies (2) \| Respond to of 86076

bill, Re: Productivity Research at my own company has shown a fantastic productivity increase thanks to the Internet and our new PCs. Instead of spending time in the coffee room, most employees stay glued to their computers, displaying dedicated interest in equities, gold and currencies. Of course, nobody ever looks during working hours. The time productively spent in front of the computer is approaching 110% of working hours. Another measure of productivity we use, is the number of Xerox copies made per day and person. Thanks to the Internet, we have managed to double the daily output, despite living in a paperless society. Our fax machine rarely needs any service, as we now have a great company email server. Thousands of emails are received every day, compared to the few written. Luckily all of them are about company business. Despite this incredible growth, our profitability has severely decreased, but this must be just a temporary set-back, adapting to the new era. With enormous future productivity growth in sight, we expect a dramatic improvement in the coming years. AG is right, it's the productivity increase by the use PCs, LANs and Internet that is driving the economy, not the credit expansion! Regards Per S