SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Stockman Scott's Political Debate Porch

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sully- who wrote (2576)7/19/2002 10:02:14 AM
From: Jim Willie CB  Read Replies (2) of 89467
 
Maria missed the big story on S&P this morning
she pointed to Johnson & Johnson and criminal investigation of their mfg facility in NJ, where a whistleblower made a stink (and a name)

soon I think whistleblowing will become a populist activity earning notoriety that is respected

the real story was the dollar breaking down further
and gold responding
foreigners are dumping S&P
JNJ story only amplifies it

curious how we all talk about expecting a new fresh story even 1-2 weeks
here it is with JNJ

another key point regarding S&P is that SunMicro (SUNW) may soon be dropped from S&P index funds
they cannot hold stocks under $5 per share in value
SUNW is now under 5, sad because I really like McNealy
anyone who despises Microsoft is good in my book

economists are taking more heat in the press
heard a couple stories about their overemphasis of inventory depletion recently
exactly my point made numerous times on threads
if no purchaser followthru, then low inventory means DIDDLY
economists are largely incompetent
they focus on the wrong things consistently
that is what a whore cheerleader does to keep paychecks coming
instead, it is the condition of customers and consumers that matters

/ jim
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext