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Technology Stocks : MRV Communications (MRVC) opinions? -- Ignore unavailable to you. Want to Upgrade?


To: Sector Investor who wrote (25606)10/18/2000 11:13:48 AM
From: Sector Investor  Read Replies (2) | Respond to of 42804
 
What caused this pop? I was away this morning too.

When does Gilder report come out? There was some speculation there on a MRVC related mention - strictly rumor, until we see it.



To: Sector Investor who wrote (25606)10/18/2000 11:30:10 AM
From: delmarbill  Read Replies (1) | Respond to of 42804
 
Candidates veer off factual course

By CALVIN WOODWARD, The Associated Press

WASHINGTON -- Al Gore and George W. Bush relied
on outdated numbers to describe the state of health
care and mischaracterized some of their own policies
in their final presidential debate Tuesday.

The vice president also made an attack on drug
companies that conflicts with independent studies.
Gore claimed that drug makers "are now spending
more money on advertising and promotion -- you see
all these ads -- than they are on research and
development."

But according to a Kaiser Family Foundation study in
July, the industry spent $5.8 billion to $8.3 billion on
promotion and $21 billion on research and
development in 1998.

Bush's statement that prescription drug coverage
should be "an integral part of Medicare" was an odd
description of his plan, which is notable for
encouraging private-sector choices that may be
outside the Medicare system.

Gore, by omission, made his plan to help parents with
the costs of college sound more generous than it is. "I
want to give every middle-class family a
$10,000-a-year tax deduction for college tuition," the
Democrat said.

That's true, but a tax credit is already available for that
purpose. Gore is actually offering people a choice of
an increased tax credit or the tax deduction. The
additional benefit, for many families, would be $800.

Gore also suggested that his Republican rival's education plan would force states
to give parents whose children are in failing public schools vouchers to send their
children to private schools. Bush's plan offers more choices than that, including
using tax money to go to another public school, a charter school or a tutor.

Gore also said that when a school is found to be failing under Bush's plan, "kids
would be trapped there for another three years" before anything is done. He
suggested that his own plan would result in a failing school being closed and
reopened under new leadership right away. In fact, Gore's plan to rescue a failing
school would take two years.

On another matter, Bush said: "Everybody who pays taxes is going to get tax
relief."

He would cut all tax rates, but a bipartisan congressional panel has found that
nearly 27 million Americans might not get the full benefit because they would
have to pay another tax originally designed to prevent investors and the wealthy
from sheltering too much of their income.

The panel said some taxpayers would get no break at all from Bush's plan,
because of the so-called alternative minimum tax.

Bush also repeated a charge from Republican ads that Gore is proposing to
spend three times as much as President Clinton.

The Clinton spending he is talking about, however, dates to the president's first
budget proposal for 1993.

Back then, the budget deficit was near its peak; today there are huge surpluses
that allow for higher spending.

And on paper, Bush would use up more of the surplus with his tax cuts and
spending than Gore.