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To: Barry Grossman who wrote (104414)6/13/2000 5:51:00 PM
From: Road Walker  Read Replies (1) | Respond to of 186894
 
Barry,

Good read of Mr. Greenspan's speech. I would add that he thought the productivity growth has been accelerating. Although he said that he didn't know if it would continue, the current embrace of the Internet by corporations suggested further gains in productivity.

Actually, with the soft economic reports we've seen lately, it looks like the Fed may have over-reacted to the strong 4th and 1st quarters. It's going to be very difficult for them to raise rates at the end of June. A tame CPI tomorrow morning could be very good for the stock market, especially after today's strong close.

John




To: Barry Grossman who wrote (104414)6/13/2000 7:32:00 PM
From: Tony Viola  Respond to of 186894
 
Barry, thanks for the AG speech report. I agree he does have clue about technology, and what aspects of it drive productivity improvement these days. Go over to Rambus now to see about the Cisco-Brocade-Rambus connection.

Tony


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