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Technology Stocks : Son of SAN - Storage Networking Technologies

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To: Gus who wrote (3967)	9/4/2001 10:50:02 AM
From: Joe Wagner	Read Replies (1) of 4808

Manufacturing Downturn Eases in August Tuesday September 4 10:22 AM ET NEW YORK (Reuters) - A key U.S. manufacturing index posted its most significant gain in five years in August as new orders and factory production both rose, suggesting the ailing industrial sector may have endured the worst of a yearlong slump. The National Association of Purchasing Management said on Tuesday its monthly manufacturing index rose to 47.9 in August from 43.6 in July, well above economists' forecasts of a 43.9 reading. dailynews.yahoo.com --------- The trend in manufacturing, is better numbers every month. I think Sept. could be the month to go to 50 or more. My prediction is 50 to 52 for Sept. and 55 for October, 58 for November. Anything above 50 means were back to a growth mode.

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