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Non-Tech : soc-sunbeam
SOC 5.895-18.7%Nov 4 3:59 PM EST

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To: Marty Rubin who wrote (374)8/12/1999 11:47:00 AM
From: tejek  Read Replies (1) of 407
 
Marty

RE: <<<what i'm afraid, in general, is the state of the economy. if interest rates rise and stock market fall (or at least doesn't match investor's expectations of high-very high returns) consumer spending will slow.>>>

I think the fears of the economy weakening are overstated. The pickup in Asia and Europe I think will soften any weakening in this country. I think everyone is freaked and looking for trouble because this economic expansion is so old. The attitude is "something HAS to go wrong!!". Then, again, what do I know.

I don't usually buy stocks like soc (that are this down and out) but what made me buy was the fact that I own so many of their products and always thought of them as a great company with great products.
In fact I was blown away that they were in so much $ trouble.

So lets hope for a turnaround in the second half.

ted
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