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To: Lee who wrote (122096)5/4/1999 10:50:00 AM
From: Mark Peterson CPA  Read Replies (1) | Respond to of 176387
 
FWIW

John Burnham of Burnham Asset Management just recommended to a caller on CNBC that they move out of CPQ and into DELL.

It's about time a fund manager came out with such a novel recommendation....

Mark A. Peterson



To: Lee who wrote (122096)5/4/1999 10:56:00 AM
From: Mohan Marette  Respond to of 176387
 
<--OT-->Thanks Lee,this economy of ours is turning out to be something worth taking notes on.



To: Lee who wrote (122096)5/4/1999 3:48:00 PM
From: Mohan Marette  Read Replies (1) | Respond to of 176387
 
Atlanta Fed's Guynn sees little inflation threat

Lee:
Here is something interesting from Atlanta.
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ATLANTA, May 4 (Reuters) - Federal Reserve Bank of Atlanta President Jack Guynn said on Tuesday he is so amazed by the U.S. economy's performance recently that he sometimes has to pinch himself when he wakes up in the morning.

Guynn, speaking at a Carter Center Conference on Transparency for Growth in Latin America, said he sees no threat of broad-based inflation pressure in the United States right now.

''The economy is amazing and I pinch myself some mornings when I wake up,'' the Atlanta Fed chief said, referring to the dream-like conditions of strong growth, low inflation and nearly full employment over the past few years.

''It's hard to find the kind of debilitating imbalances and constraints on the economy that you would normally expect to bring it to a very different kind of path,'' he added. ''So far, so good. It's a phenomenal period of time.''

Guynn said he would not be surprised to see a modest rise in inflation this year from higher energy prices.

''But I don't see the makings for broad-based price pressures that get picked up in the measures of inflation at this point. We'll keep watching for it,'' he added.

(Note: this article is ''in progress''; there will likely be an update soon.)

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