Elaine Garzarelli Message Board

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Non-Tech : Elaine Garzarelli

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To: Gil Kempenich who wrote (82)	11/8/1996 5:16:00 PM
From: Pauline Tang	of 292

Fundamentally, Aiplanes are selling becuse of replacing 30 year old planes. Financing could be in place already. Airplane mfg. infrastructure in LA will really boom. Fleet cars sold to Goverment will increase in 1997. Export also may grow 10% more? Housing (residential) was stopped because of liquidity at banks and morgage rate went higher. 1997 rates will come down and liquidity will be provided by Fed Reserve. Computers and semiconductors will do better because of obsolesence and replacement plus bigger servers, new products. All big ticket items are made in America.

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