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Technology Stocks : America On-Line (AOL)

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To: Steeny who wrote (21357)6/11/1999 10:10:00 AM
From: Tom Tallant  Read Replies (2) of 41369
 
Steeny & Thread
What's your thought on this:

Last months PPI was revised up significantly. It was more in line with last months CPI. This months PPI is much lower than lasts. I'm wondering if there is a correlation. I know there is a time lag factor involved when comparing the two and I also realize retail sales where up...however, don't you think the recent jump in bond yields and a decline in the stock market will slow sales...particulary the auto sales (which was the biggest gainer this month) and housing? I guess what I'm trying to figure here is- have we already started slowing...and if so...when will the market figure it out?
TIA

Tom
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