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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 409.23-1.0%Jan 7 4:00 PM EST

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To: energyplay who wrote (604)9/20/2005 8:11:49 AM
From: Slagle   of 219096
 
Energyplay Re: "worst case" LEG (Leggett and Platt) warned this morning and they could be a real "canary in the coal mine" for a bunch of stuff. In addition to making all sorts of components for furniture they have a big plastic film business making lots of the plastic place mats and the like you see at Walmart. Imports could be part of the problem but I doubt it would be with this vinyl film stuff as the main cost is the resin itself. I will listen to the webcast this morning to see if I hear anything interesting.

If the next quarter brings reduced earnings because of oil look out below as far as stock prices go.

A man told me yesterday that his bill for the black poly film you use for tomato crops cost him $18,000 more than last crop, and he is a fairly small operator.
Slagle
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