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


To: Investor2 who wrote (10308)12/7/1999 12:45:00 PM
From: Wally Mastroly  Read Replies (1) | Respond to of 15132
 
Re: "..How can we trust their data?..." - because Dr. Greenshades says no politics involved <g> (I know, he said non-political, that doesn't necessarily mean accurate).

10:22 GREENSPAN: ECONOMY BENEFITS FROM NON-POLITICAL NATURE OF GOVERNMENT STATISTICS

Besides, would any government agency lie to the American people <BG>

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On a more serious note (not to make excuses for revisions to government statistics):

>..Productivity is the key to economic growth. It's the only way the pie can get bigger. If firms can be more productive, both workers and owners can make more money without raising prices for customers. Heightened productivity drives down prices and keeps a lid on inflationary pressures.

However, productivity is very hard to measure, especially in the services where the concept of a "unit" of output is elusive...<

cbs.marketwatch.com



To: Investor2 who wrote (10308)12/7/1999 3:15:00 PM
From: Wally Mastroly  Read Replies (1) | Respond to of 15132
 
Fed Chairman Greenspan "Honors GDP":

usatoday.com



To: Investor2 who wrote (10308)12/10/1999 9:27:00 AM
From: Wally Mastroly  Respond to of 15132
 
* Y2K * - Bug fears spark rush to satellite phones:

Main link to (UK) Financial Times:

ft.com

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Fill in Search window with: " Y2K + satellites "

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Then click on link titled:

"Y2K: Bug fears spark rush to satellite phones "

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P.S. - Final link is much to long to copy here



To: Investor2 who wrote (10308)12/21/1999 12:19:00 PM
From: Wally Mastroly  Read Replies (1) | Respond to of 15132
 
I2: If your out 'bottom fishing', here's some food for thought-Health Care services:

Give Me Your Loathed, Your Depressed, Your Scandal-Ridden...

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An excerpt:

"..One reason Mackay is suddenly so bullish is that the government has agreed to higher Medicare reimbursement rates, givebacks and delayed cutbacks that will total $16 billion to providers over the next five years. Uncle Sam apparently decided that if it didn't pay these providers more, some were going to go out of business.

So now hospitals are to receive an additional $7 billion over the next five years, managed-care companies will see $4 billion, nursing homes will receive at least $2.7 billion and home-health care facilities will receive $1.3 billion; kidney-dialysis providers will receive $300 million over the next two years.

All that money is certain to improve earnings..."

smartmoney.com