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


To: Seeker of Truth who wrote (29084)2/22/2003 11:42:57 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 74559
 
I reason that faster PC speed means more time to drink coffee, muse over emails, flirting with coworkers, longer trips to the men's room, and some nose picking

seriously, in my line of consulting work, I do hear of situations where a fast fast NT personal computer with huge hog memory is employed to do 6-8 hrs of straight production type work, building hundreds of output files, exporting them to inhouse server disks, executing macros... this is one extreme, probably one PC usage out of 500 or 5000

as I pass down a typical aisle, I see these much faster PC's sitting idle about 2/3-rds of the day, each day, every day... this is the norm, probably the case for the majority of office complexes nationwide

so, for USGovt economic reporting to measure productivity with a swift "hedonic" multiple applied universally is utter bullshit deception, used to support a thesis that govt officials prefer to advance

two theses are fallacious:
that the USEconomy will recover, from productivity
that the USStock market deserves its high valuations, from productivity

beware, you bet, beware
we must cut thru the smoke and bullshit
/ jim