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Pastimes : All Clowns Must Be Destroyed

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To: Roebear who wrote (2696)1/15/2000 10:22:00 AM
From: fut_trade  Read Replies (1) of 42523
 
...how the food stocks will fit

I don't have any opinions myself, but here are comments from some analysts:

biz.yahoo.com

``This is a snowballing of what was going on all last year, which is an absolute distaste for food stocks,' said Jaine Mehring, food industry analyst with Salomon Smith Barney.

``As the year started out, the market looked like it wanted to broaden out a bit, but even then, people didn't buy food stocks,' Mehring said. ``That really shows where this group is in the pecking order.'

Mehring said the best hope for a recovery in food stocks would be ``a good old-fashioned recession,' but added that there didn't appear to be one on the horizon.
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