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

To: Wally Mastroly who wrote (10387)	12/10/1999 6:11:00 PM
From: Justa Werkenstiff	Read Replies (1) \| Respond to of 15132

Wally: I have a new theory. I think the risk to this market is that productivity falters but it does not show up so much in inflation numbers as it does in the earnings for corporate America. I have already seen it start to happen in some earnings reports which have come up short. A company cannot be as productive if its turnover increases and it is not able to find ready, willing and able workers and/or cannot train them quickly enough. I don't thin the Greenman will tighten the bias come December 21st for the simple reason that he is concerned -- maybe alarmed -- about Y2k.