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Strategies & Market Trends : Heinz Blasnik- Views You Can Use -- Ignore unavailable to you. Want to Upgrade?

To: zonder who wrote (3007)	7/11/2003 1:28:10 PM
From: Mike M2	Read Replies (1) \| Respond to of 4913

Zonder, an example of the impact of hedonics"... Business investment on equipment and software, measured in current dollars, increased slightly, by $10 billion, or 1.2%, implying virtual stagnation. Measured in real terms, however, one item - computers and peripheral equipment - showed a sharp increase by $56 billion, or 21%. For many bulls, this is one ray of hope in the economy's overall dismal picture. But we see nothing but hedonic pricing. In current dollars, business spending on computers rose by just $4.4 billion...." gold-eagle.com mike