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To: Mo Chips who wrote (56721)	6/2/1998 7:28:00 PM
From: Joey Smith	Read Replies (1) \| Respond to of 186894

All: Interesting article on the top 25 technology stock watchers...Guess who is high on this list?? You guessed it, your friend and mine, Mr. Thomas Kurlak <ggg> joey cbs.marketwatch.com

To: Mo Chips who wrote (56721)	6/3/1998 6:39:00 PM
From: Scarecrow	Read Replies (2) \| Respond to of 186894

<I've taken a lot of econ and I don't recall this 'principle', the words are all used in economics, but I never heard of 'exercising the principle of marginal utility.'> Well, oh great professor of economics, you should go back to class -- this time, try and stay awake. <To apply this to computing, computers/software/technology is not a luxury good and therefore has a much steeper demand curve (higher elasticity). In otherwords, changes in price (and one could argue) or changes in quality would not affect overall demand, especially relative to the NBA.> I'm glad you took a lot of econ. Maybe you took a lot of econ because you kept failing each time. Damn shame you have COMPLETELY REVERSED THE MEANING of "elastic" and "inelastic." Re-read your Samuleson again. When changes in price do not affect demand, it has LOWER elasticity, not HIGHER. As for the notion that technology is not a luxury good, that has little -- if any -- bearing on the question of DOJ intervention. However, if you feel so strongly that this is not a luxury, why are computers only in the homes of 40+ percent of the population,, while TVs, VCRs, phones, etc. are in the 90+ range? Remind me again, why are we listening to you??