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To: growthvalue who wrote (577)8/28/1998 11:36:00 AM
From: treetopflier  Read Replies (2) | Respond to of 2477
 
Nothing like a cool Fosters on a hot Friday, eh talk_nonsense...

GV -- that would be too few $$$ and too many goods -- I'm sure this was just a typo during your raging vehemence at softcash's dementia.

ttf



To: growthvalue who wrote (577)9/10/1998 8:20:00 PM
From: softcash  Read Replies (1) | Respond to of 2477
 
Hello,

Thank you for the well thought out response!

I gave a few examples - there are many more. Further more
most of those examples have show declines in prices over a long period.

Anyway, what do you think about last quarter's profits?
Aren't you aware that they declines 1.5% as compared to the previous
year's quarter? This is what some people have called a profit
recession and has been a leading indicator of recessionary
pressure.

Also, since an increasing number of our trading partners are experiencing either deflation or recession it will and has had an affect on our economy. Greenspan (finally) admitted this just recently.

As far as Y2K - I still do not consider it a problem! I worked
at a software company that sold software than cost 6 digits.
This company experienced a downturn starting last fall due entirely to ASIA. The Y2K problem is overblown - it's fairly easy to fix.
The $1 billion company I worked for fixed their Y2K problem in a couple of days-across the entire product line!
Most companies making estimates for the fix are overestimating the
time and money it takes. One recent example was NASDAQ, they finished
very quickly - so quickly they surprised themselves. I think the biggest Y2K problem is NOT software at all. If there is any Y2K problem, it's if Nostradomus will be right or not! I think most people will be worried about that! That alone may cause panic - I expect it will. It's the end of a 2,000 year period and that has special significance in Hebrew/Jewish religious beliefs.

Regards