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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Ian@SI who wrote (121648)5/2/1999 2:22:00 PM
From: Mohan Marette  Read Replies (1) | Respond to of 176387
 
<--OT-->Say you are not referring to me here are you?<vbg>

(..... it is extremely difficult for me to understand how they've acquired a reputation for being omniscient; or for that matter, brighter than a run of the mill moron.)



To: Ian@SI who wrote (121648)5/2/1999 2:49:00 PM
From: Lee  Read Replies (1) | Respond to of 176387
 
Ian,

Re:.If I remember correctly, 4Q GDP was 5.9%

bea.doc.gov

Real gross domestic product -- the output of goods and services produced by labor and property located in the United States --
increased at an annual rate of 6.0 percent in the fourth
quarter of 1998


RE:.The fed believes that the CPI overstates inflation by at least 1%. i.e. - it does a poor job of accounting for increased quality, function and reliability of a new device compared to that in the CPI base - especially true for any electronic equipment.

The BLS has changed the formula for calculating CPI.

stats.bls.gov
Consumer Price Index Formula Changed

On April 16, 1998, the Bureau of Labor Statistics announced its
decision to use a new formula for calculating the basic components of the Consumer Price Index for all Urban Consumers (CPI-U) and the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). This change is effective with data for January 1999.
it is expected that planned use of the new formula will reduce the annual rate of increase in the CPI by approximately 0.2 percentage point per year.


Re:.Re:.continued evidence that there is no
inflation for all practical purposes


bea.doc.gov
The price index for gross domestic purchases, which measures prices paid by U.S. residents, increased 1.0 percent in the first quarter, compared with an increase of 0.9 percent in the fourth.

1% is a hefty increase when you consider that it increased each quarter last year by 0.2%, 0.4%, 0.7% and 0.9%. Clearly an increasing series.

Just some facts, <g> Like your Dell thoughts and you're correct, bond traders are manic! <vbg>

Lee