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Strategies & Market Trends : The New Economy and its Winners

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To: Lizzie Tudor who wrote (9873)	12/4/2001 12:51:43 AM
From: schrodingers_cat	Read Replies (1) of 57684

Reading through the messages, there seems to be a consensus around here that the economy is starting to show signs of life. I was starting to think this myself, so it is interesting to see that others feel the same way. I guess the first big data point was the strong response to GM's zero percent financing deal. Recently, we've seen a few more, such as the NAPM, today's rise in construction spending, home sales, and data suggesting that retail sales are not quite as bad as feared. Here's a story from yesterday's New York Times suggesting that the PC market may not be as dead as some thought. nytimes.com The story states that Hewlett-Packard sold 20% more PCs over this Thanksgiving weekend than they did last year. That seems like pretty good growth to me. H-p also claims 75% growth in digital cameras and 140 % growth in photo quality printers. The article also says that sales of DVD players, high-definition televisions and video game consoles are better than expected.

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