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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: HairBall who wrote (50189)	5/10/2000 3:58:00 PM
From: Les H	Respond to of 99985

I thought his best comments were about Yahoo, Gemstar, and bureaucrats: "In the 1980s (and maybe still, who knows?), the government measured the value of software being shipped overseas, among other items used to calculate the trade deficit, by putting them on a scale and weighing them, then calculating their value as a plastic export. For nearly two decades, the government has recorded declining productivity in the banking industry, because of the loopy way they measure it. Clearly, ATMs and other advances have improved bank productivity enormously, but you wouldn't know it from government figures. This shows you just how clueless government bureaucrats are, and how dangerous it is to base any investments or other types of decision-making at all on government figures. "