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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Jim McMannis who wrote (123372)	12/19/2000 8:10:24 PM
From: William Hunt	Read Replies (1) \| Respond to of 186894

Jim ---if you take a look at where the GDP will be for the fourth qtr it will be definitely below 2% growth if we are lucky . By the way have you look at any stock holdings lately ---most of the ones I follow are down over 50% . Just an after thought the President of the National Manufacturers Association was on this afternoon after the FED announcement on CNBC . He said that at least half of the business are reporting recession like forecasts for the year 2001 . I wonder do we have to wait to be in one before we admit that we are having a recession ? Jim , the tool I use for an indication is if productivity has fallen below the inflation rate which means we are in staflation in the economy or in a recession . Right now productivity is below the inflation rate BEST WISHES BILL