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Strategies & Market Trends : The New Economy and its Winners

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To: Lizzie Tudor who wrote (21463)7/24/2004 8:51:22 AM
From: Proud_Infidel  Read Replies (1) of 57684
 
Lizzie,

Facts seem to contradict nearly everything you are saying. S&P earnings are expected to come in around $65 for 2004 and almost $70 for 2005. That is an all-time RECORD! Moreover, much of the S&P is technology which is seeing record quarterly revenue(MSFT, INTC anyone?).

Re: stops lying about the economy.
Your statistics come from the same people who gave us an 8% GDP with "the strongest economy in 20 years" <wink wink>, accompanied with ZERO job growth and a grueling bear market.


You may not agree with statistics, but it is hard to argue the economy is weak when INTC is forecast to have $9.2B in revenues this Q.

One thing I will agree with it it's been " grueling bear market"
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