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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: westpacific who wrote (6395)7/29/2001 10:58:38 AM
From: westpacific  Read Replies (2) | Respond to of 74559
 
Greenspans productivy gains via technology are about to be debunked:

This August, McKinsey and Co., the influential consultancy, will release what looks to be the most comprehensive study yet of ITs effect on US productivity, both in terms of the overall economy and on a sector-by-sector basis. The study is expected to show that IT does have a positive effect on overall productivity, but that a SUPRISING number of specific industry sectors have yet to see benefits.

One very real fear is that such a studies will cause companies to slow IT spending even more sharply than they already have, which could slow the rollout of the so-called real-time enterprise. Worse it could mean the current tech cooldown will become in Ice Age.

Red Herring
August 14, 2001

All the best
West



To: westpacific who wrote (6395)7/29/2001 4:53:07 PM
From: smolejv@gmx.net  Read Replies (1) | Respond to of 74559
 
Juggling the numbers - are they same in 01 as in 1929 or are they different? Doing mutatis mutandis - what stays unmutated?

A Radio Erewan Q&A joke:"Is it true, that comrade Breshnew rides bicycle to his office?" "In principle yes, but its not comrade Breshnew, it's comrade Petrov, and he does not ride his bicycle to the office, because someone stole it".

I just think it's different this time: make it Jurassic Park take IV. Eventually the meteorite hits and dynos get the curtain, whatever the "major release" number.

dj



To: westpacific who wrote (6395)7/30/2001 7:02:10 PM
From: GraceZ  Read Replies (1) | Respond to of 74559
 
In reality the market has only fallen 29% from mid April highs to approximate a decline of the same magnitude as the DOW did 70 years ago

It's interesting that when you are referring to the market you only include the Nasdaq and then only those in the index (correct me if I'm wrong). What happens when you include all the stocks on the NYSE and AMEX to your percentage declines or even just the DOW or the Russel 3000 or Wilshire? Last time I looked the US had many publicly traded companies that aren't on the Nasdaq exchange.

As the major indexes masked the over all bear that the rest of the stocks were in during the parabolic rise of the Naz, the indexes are now masking the recovery of those companies' stocks. I'm curious how many companies there were in the year after the 1929 break that had 15% or more appreciation in their stock prices?

I count 623 today alone that have risen more than 15% in the last year. What's really interesting is that many have increased significant percentages over that:

screen.yahoo.com