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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: Bucky Katt who wrote (11792)11/19/2002 7:20:51 PM
From: James Strauss   of 13094
 
Jim, what do you think of this real world business story?
chicagotribune.com.

Hidden costs sock business
Rising insurance rates cited as biggest culprit


William:

We have a dichotomy of inflationary and deflationary pressures in a tug of war... Lower interest rates is flooding the economy with money but demand is not there for capital expenditures... The service sector of non tangible products, insurance, health care, etc., has a growing demand... Therefore, rising costs... As time passes it will be critical for capital expenditures of tangible goods, telecom eqpmt, computers, broadband, etc., for companies to remain competitive and productive... When that phase begins, Katie bar the inflation door...

Jim
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