Path: utzoo!attcan!uunet!samsung!rex!ames!sun-barr!rutgers!cunixf.cc.columbia.edu!cunixa.cc.columbia.edu!cmm1 From: cmm1@cunixa.cc.columbia.edu (Christopher M Mauritz) Newsgroups: comp.sys.amiga Subject: Re: Commodore & U.S. Economy Message-ID: <1990Jul24.140042.13162@cunixf.cc.columbia.edu> Date: 24 Jul 90 14:00:42 GMT References: <25403@snow-white.udel.EDU> Sender: news@cunixf.cc.columbia.edu (The Daily News) Reply-To: cmm1@cunixa.cc.columbia.edu (Christopher M Mauritz) Organization: Columbia University Lines: 41 In article <25403@snow-white.udel.EDU> TSA91%ISUEVAX.BITNET@cunyvm.cuny.edu (Marc Barrett) writes: > > Nearly every major economist in the U.S. agrees that the U.S. is in >for a recession sometime in the next six months. This is not good news >for any company in one of the technology industries, and Commodore is >no exception. These companies are products of the bull-market of the >80's, and will not weather a recession well. I'd take those predictions with a grain of salt. Various well-known economists have been predicting "serious recessions RSN" for the last 2 years. It hasn't happened yet. What HAS happened is that the US economy is GROWING AT A SLOWER RATE. This is not a recession. We shall see what happens when the Federal Reserve lowers the discount rate and capital investment is spurred aa bit. All this talk of recessioion hasn't been accurate to date. > > To me, it seems ironic that, after the longest economic expansion in >U.S. history, Commodore would finally get their act together when it >came to a close. Typical of Commodore. My my...we have ourselves a cynic. :-) I think a large scale recession would hurt bread and butter manufacturers like Apple and IBM before it would bite into niche markets like CBM's. That, however, is open to debate. > > > -MB- TTFN, Chris ------------------------------+--------------------------- Chris Mauritz |Donde hay una cerveza cmm1@cunixa.cc.columbia.edu |hay un plan. (c)All rights reserved. | Send flames to /dev/null |El Guerrero Aereo es el rey! ------------------------------+---------------------------