To: The Ox who wrote (2495 ) 1/19/2000 2:47:00 PM From: Ian@SI Read Replies (1) | Respond to of 3661
Mike, Pardon me if I failed to note any respect.I respectfully disagree with your statement... And further excuse me if I believe your 2½ worth is a highly inflated estimate of the Post's net worth. ;^D However, I repeat that the traditional measures of overall inflation in the economy show barely a trace, notwithstanding your anecdotal experiences and examples. First, the last time I looked, Gold was closer to a 10 year low than a 10 year high. $300 is still less than $800, isn't it? Re gas: Much higher than when? And who cares, it hasn't made a noticeable dent in the CPI? And while you're at it, pardon me if I don't get too excited about a below trend rise in real estate prices."Average PC prices are moving higher... Now that's the most misleading load of crap I've ever seen posted on this thread. If you want to prove a case for inflation, start by comparing prices of identical products. Looking at price alone and not looking at how much one gets per $ is, IMO, inane at best, and totally disingenuous. JMHO, though. Ok, JMNSHO. And commodity prices: Is the Bridge CRB index closer to a 20 year low than a 20 year high? HINT: The correct answer is YES. And cliches about tides. Yes, I've heard that somewhere before. Maybe Shakespeare wrote it. ;-) And with high quality posts, I tend to overlook spelling, but you really should learn the difference between BRAKES and BREAKS.If the FED taps the breaks , then we'll have no major problems with the stock market but if they decide to step on the breaks ... And finally, I find it almost hilarious that the bears just don't get it. They don't understand that the innovators are going to continue to grow faster than the overall economy. And that the more the Fed attempts to "tap the BRAKES" as you put it, the more incentive that companies will have to buy products from these innovators just to stay afloat (if you'll permit me to borrow from your "tide" cliche). So, in a nutshell, short of the Fed doing something incredibly stupid, the leading equipment companies including MTSN will continue to do very well. And I don't for a minute think the Fed will do something really stupid even though I disagree with the perceived need to raise rates. FWIW, Ian.