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

To: William Hunt who wrote (123388)	12/19/2000 8:49:00 PM
From: Jim McMannis	Read Replies (1) \| Respond to of 186894

RE:"I wonder do we have to wait to be in one before we admit that we are having a recession?" This a very good point. Seems the FED wants more evidence and is willing to wait for it. As usual, the markets over shoot on emotion. RE:"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" I just use the classic definition of recession. Two consecutive quarters of negative GNP growth. Stagflation is not a good word for the markets. Haven't seen that one for 10 years. I hope we don't get that. For those who don't know, stagflation is basically no growth with rising prices.. Jim