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To: MythMan who wrote (30659)10/24/2000 11:14:53 AM
From: LLCF  Read Replies (1) | Respond to of 436258
 
<I know of at least 2 companies that measured productivity....GE & ALD.... They consistently performed in the 5-6% annual rate which was impressive considering they did it year after year.>

Yes, and they did it 'the old fashioned way'... they had 'X' earnings from 'Y' expenses! Of course by the time BLS got done with their numbers and released them it looked much better.

DAK



To: MythMan who wrote (30659)10/24/2000 3:57:58 PM
From: yard_man  Read Replies (2) | Respond to of 436258
 
How much of GE's profits or productivity come from GE capital?

Think for a moment what 5 - 6% productivity gains a year extrapolated for even 7 years amounts to ... 40% to 50% productivity increase ... do you really think that is possible?

If they are doing that year after year -- they are simply as good as the BLS at spinning BS ...


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