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To: American Spirit who wrote (53982)	6/14/2000 2:25:00 AM
From: American Spirit	Respond to of 99985

Get out of the way of techs right now. gonna rally. Greenspan report from CBS Productivity gains here to stay, Greenspan says Fed chief sees "irreversible" high-tech advances By Rachel Koning, CBS MarketWatch Last Update: 1:38 PM ET Jun 13, 2000 NewsWatch WASHINGTON (CBS.MW) -- A technological foundation has been laid for continued productivity gains, Federal Reserve Chairman Alan Greenspan said Tuesday. "The evidence of a decided improvement in the growth rate of structural productivity ... has continued to strengthen," Greenspan said in a speech that did not directly address stock levels or interest rates. Today on CBS MarketWatch Broader closes higher after late surge Stocks to trade in penny increments NBCi shares pressured after warning Crude prices surge past $32 a barrel Kellner: Repeal the death tax More top stories... CBS MarketWatch Columns Updated: 6/13/2000 3:57:56 PM ET "Having learned to employ bar code and satellite technologies, for example, we are not about to lose our capability in applying them," the Fed chief said, himself speaking via satellite from Washington to the New York Association for Business Economics. "Most of the gains in the level and the growth rate of productivity in the United States since 1995 appear to have been structural, largely driven by irreversible advances in technology," Greenspan said. Workplace efficiency has largely driven an expansion that has so far been void of inflation. Most analysts have theorized -- and businesses can produce much concrete evidence -- that productivity may be changing standard economic models. * Lesson? Buy tech infrastructure plays including CPQ, AAPL, UIS and LOR my beaten down favorites. The ones who really make the stuff but only if they're still cheaply priced with huge futures.

To: American Spirit who wrote (53982)	6/14/2000 2:29:00 AM
From: Roebear	Read Replies (1) \| Respond to of 99985

American Spirit, Well, I got my idealist earballs shot off in the game a long time ago by trading my ideals when I started, so I don't trade my philosophy anymore, ever. I understand what you are saying though. Enjoy the driving, hopefully we won't turn into Road Warriors anytime soon. VBG Roebear