Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: valueminded who wrote (49979)	3/5/1999 4:19:00 PM
From: SeaViewer	Respond to of 132070

our wage inflation was low, unemployment is stable and low I am wondering if stock options are counted as wages. Here in silly valley, a lot of companies pay average or below average salaries and compensate with stock options. If the stock options counted as only assets inflation, then the measure of wage inflation is not as accurate as it used to be. Jeff

To: valueminded who wrote (49979)	3/5/1999 4:24:00 PM
From: RealMuLan	Read Replies (3) \| Respond to of 132070

<<Our dollar is highly valued in world economy,>> It is changing. Give it another few months. <<our wage inflation was low>> Because more and more companies pay their employees with stock options. <<unemployment is stable and low>> Too many people trading on-line and stop looking for a job. <<275k new jobs added last month>> They are low-paying service jobs. You should look at how many manufacturing jobs have been lost. Bottom line is: this economy is credit-supported, and it will end with a bad bad ression, although I don't know when. BTW, CNBS today reported that Jan. consumer credit was (? I forgot the figure) the highest since 1995 (month?).

To: valueminded who wrote (49979)	3/5/1999 5:38:00 PM
From: Knighty Tin	Read Replies (3) \| Respond to of 132070

Chris, I see the economy sucking in several obvious places: 1. No corporate eps growth. 2. Huge indebtedness of corporations. 3. Huge indebtedness of individuals. 4. Stupendous trade deficit. 5. Unbalanced asset bubble. 6. The technology sector, the biggest grower, is growing negatively. 7. Stocks overvalued and overowned by any measure of internal rates of return. 8. Inability of the Fed to cut rates no matter what happens. 9. Continued crappy productivity growth. 10. The closing of any plant that actually produces anything. 11. Horrible asset quality in the financial system. It always looks brightest just before the Great Depression. MB