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Strategies & Market Trends : Sharck Soup

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To: Mariah Smyth who wrote (21089)	5/7/2001 10:48:55 PM
From: American Spirit	of 37746

FDX - not that bad, a single digit slowdown which anyone could have predicted. Stock fell already as a result of it. Could fall more since it never really did during the recent sell-offs. Let's not get on this mind-set that American business is going down the toilette. Just 2 slow quarters arguably priced in, a dot-com collapse the economy is still feeling and lay-offs in order to make estimates and retain profits. I'm concerned but not despairing. Americans are just going to have to work harder and waste less. It's a healthy adjustment in a way. That "to the moon" mind set where anyone with a web-site or domain could get rich was just plain ridiculous. Energy prices are of more concern to me which is why I bought P today.

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