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Strategies & Market Trends : Value Investing
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To: James Clarke who wrote (7462)6/8/1999 12:43:00 PM
From: jeffbas   of 78667
 
James, on SCS: I trust you saw this equivalent of a warning in the latest news:

In recent months, several factors were slowing purchases in office furniture, Hackett said.

''We think that volatility in corporate profits has made some people suspend some capital improvements until they see a little
more'' quarter-to-quarter earnings consistency. Hackett said.

Also, customers are limiting changes in their office spaces and systems as they focus on testing and repairing computers for the
year 2000 computer glitch, he said. Troubled Asian economies and companies suspending purchases while they absorb mergers
and acquisitions have also constrained the office furniture sales said.
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