Wal-Mart Message Board - Msg: 2171831

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Non-Tech : Wal-Mart

WMT 102.33

-0.2%

2:43 PM EST

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To: Ken Turetzky who wrote (284)	9/11/1997 3:57:00 PM
From: Gary L Schultz	of 1166

Ken. No. Forget it. If I can't be on Squawk Box or Power Lunch I'm not interested. To all: How are most public traded companies showing quarter to quarter earnings increases if no one is buying? Who are they selling to? Sure, some companies sell to others almost exclusively. But, in the end, it is consumer spending that is driving these earnings. Unemployment is at an all time low historically, more jobs, wage inflation needs to be watched. What happened in the 80's was deflationary, which is almost as bad as inflation. Mark these words: The beginning of a new inflationary cycle is just around the corner (1 year or so away). Please, don't say it's different this time - there is nothing new under the sun. Gary

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