C-Cube Message Board - Msg: 3251480

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Technology Stocks : C-Cube

CUBE 36.91

+1.7%

Nov 25 3:59 PM EST

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To: Scotsman who wrote (28696)	1/24/1998 6:48:00 PM
From: John Rieman	Read Replies (4) of 50808

The Clinton thing is getting more and more play. It's real bad for financial markets, unless the Woman says it's not true. If she says it's true, and the Whitehouse keeps saying what they are saying, we go down for the months that it takes to find the truth. In "74" the market tanked months before Nixon resigned. Slick Willy has been like a cat with nine lives. He may slip by somehow. The market climate is close to the same as mid '94. Good news doesn't mean much, up in the morning, lower by days end and no week or two of follow through. Gilette and Coke are going lower. The biggest risk of this event would be a huge decline in US consumer confidence. Small declines from current levels are OK, but a big pull back, real bad. It would put both the US and Asian economies in recession. That would leave Europe. How would they be impacted?

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