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Technology Stocks : MRV Communications (MRVC) opinions? -- Ignore unavailable to you. Want to Upgrade?

To: Greg h2o who wrote (41263)	6/28/2003 11:51:27 AM
From: Duffeck	Read Replies (3) \| Respond to of 42804

<< and rightfully you should...i should have used the term "productivity" which is fairly obvious in the context in which is was used. i was not talking about GDP. my apology for the confusion. >> Seems to me that since productivity is the ratio of GDP per person employed the most direct way of increasing productivity is to lay off workers. Since presumably industry will keep the most productive workers and they will pick up some of the slack so the productivity ratio is bound to increase. That is way productivity normally increases during resessionary times. duff