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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: limtex who wrote (15388)11/13/2000 12:51:06 PM
From: Jim Willie CB  Read Replies (3) | Respond to of 65232
 
LimmerMan, your view is built upon learning from past 30 yrs

correct me if wrong

in past, huge federal waste occurred with large ColdWar expenses
we have trend in last five years of reduced Pentagon budgets
you must factor that in

we also have significant technological developments that aid productivity for real
like the internet

Oracle and IBM each boast of $1 billion savings

we live in a different age, my man
but slugglish is still looking very likely here

"screaming into recession" is highly doubtful
/ jim