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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 652.56-1.5%Nov 20 4:00 PM EST
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To: bobby beara who wrote (42533)3/7/2000 9:54:00 PM
From: Joan Osland Graffius  Read Replies (2) of 99985
 
bobby, >> it can't raise prices

I think all these companies will raise prices. They are running businesses and will adjust what ever they need to inorder to get a fair return on their business interests. The whole world seems to have forgotten the last bought we had with inflation.

Now if we run into a serious deflationary spiral..a whole bunch of companies will close their doors.

BTW, with the haircut P&G got today I still think the company is overvalued.

Joan
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