DNAprint Genomics (DNAG)

[DougS.]

What if Chrysler was the only company whose cars had automatic transmissions?

I still wouldn't buy one. <g> IMHO, the economy is going nowhere fast. We're still financing economic growth with debt. The only difference is that whereas in the 90s' it was corporate credit, now it's consumer and federal - both of which are at all time highs. I don't expect that to change because:

1. We have a problem retaining the labor that we want - tech/service jobs that are being subed out to India and China.

2. We are not willing to work for the jobs that remain - hence granting legal status to working illegal aliens so that companies can keep their pricing power.

3. There is no industry out there that is poised to lead the economy. Biotech? maybe... in, like, 5-10 years from now. IMO, "jump starting" the economy doesn't work if there is no engine for growth.


I don't think we're going to hell in a hand basket either, though. At least, I hope not.