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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF -- Ignore unavailable to you. Want to Upgrade?


To: Glenn D. Rudolph who wrote (12201)1/30/1998 1:28:00 PM
From: Moonray  Respond to of 22053
 
U.S. '97 Economic Growth Fastest in Nine Years

WASHINGTON (Reuters) - The U.S. economy boomed ahead at its fastest clip in nine years during 1997, the Commerce
Department said Friday, accompanied by the slowest rate of price rises in more than three decades.

Gross Domestic Product expanded 3.8 percent last year -- the strongest growth since a matching 3.8 percent in 1988 when Ronald
Reagan was still President. In the fourth quarter alone, GDP surged at an unexpectedly strong 4.3 percent rate, exceeding Wall
Street economists' forecasts for a 3.7 percent quarterly growth pace.

Despite vigorous growth, inflation was muted. Two key measures of price changes -- the implicit price deflator and the
chain-weighted GDP price index -- each gained only 2 percent during 1997. That was the slowest rate of advance for each
measure since 1965, department officials said, continuing a steady decline from increases of 2.5 percent in 1995 and 2.3 percent in
1996.

Federal Reserve Chairman Alan Greenspan told Congress on Thursday that the U.S. economy, entering 1998, appeared
"exceptionally healthy, with robust gains in output, employment and income" and falling inflation. The U.S. central bank is expected
to keep interest rates steady when it meets next week in the absence of any sign that brisk growth is generating price pressures.

Commerce said the acceleration in growth during last year's fourth quarter -- to a 4.3 percent rate from the third quarter's 3.1
percent -- stemmed from renewed inventory-building, a falloff in imports and stronger exports as well as exceptionally strong
homebuilding spurred by low interest rates.

The economy is expected to lose some steam this year, growing more slowly in part because Asia's economic crisis will shrink
export opportunities. There were a few indications that businesses were growing cautious, including a 3.6 percent rate of
contraction in fourth-quarter business investment, the first quarter in six years that corporations shrank their expansion plans
instead of adding to them.

o~~~ O



To: Glenn D. Rudolph who wrote (12201)1/30/1998 3:44:00 PM
From: Bill Ulrich  Read Replies (3) | Respond to of 22053
 
Glenn, re: new .whatever

What they should add is .sex

The public and government is concerned about children, porn, and access. The current filters such as CyberSitter and NetNanny use a database of keywords and domain names to be effective. But this isn't the most effective method as it has to be constantly updated and some get missed. Simply having a .sex would allow you to specifically filter out anything with this parameter&#151piece of cake.

The porn industry would probably go along with this. They already are somewhat self-policing but that doesn't approach 100% effectiveness. Being allowed complete business freedom by adopting .sex, which is easily filtered, is a smart and easy choice for them. Less legal hassles for them, more effective protection for kids. Everybody wins.

JMHIdea

-MrB