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To: Tradegod who wrote (30464)5/2/2000 11:37:00 AM
From: patron_anejo_por_favor  Respond to of 42523
 
His main point came through. Productivity was overestimated in the last 2 quarters, and it (the growth rate) will be much lower in the next release this week. The Bulls need it to be higher, it's probably the last main barrier between BubbleBoy and 50 basis points on May 16th.

His point is valid. Television sets have many improvements over the last 3 years, but yield lower and lower margins for their manufacturers. Does that mean workers who make them are more productive?