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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: yard_man who wrote (171039)6/7/2002 9:32:38 AM
From: Haim R. Branisteanu  Read Replies (1) of 436258
 
In the big scheme of things I do not think that today slide is very severe. The interesting issue are the employment numbers.

Final sales and total unemployed are quite hard numbers and they are UP which brings me to speculate that the rise in productivity is up which in turn will result in better profits down the road.

Also the almost 10% USD depreciation will give profits a bust (internationals will get around 3 to 5% more to the bottom line for free)
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