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Politics : Idea Of The Day

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To: Robert Graham who wrote (18483)	5/26/1998 3:22:00 PM
From: Lee	Read Replies (1) of 50167

Robert,..Re:<<Evidence has come out of a slowing economy followed by news reports indicating that even some portfolio managers are worried about the slowing economy. >> I don't know if this is what you want to know or not, but I don't think we have a slowing economy based on the following reports. economeister.com REALITY CHECK: US MACHINE TOOL EXECS REPORT A SIZZLING MARKET economeister.com US APRIL EXISTING HOME SALES -2.5% TO 4.77 MLN VS MAR 4.89 MLN Further, the good interest rate environment is supported by a strong $ and decreased treasury supply. I don't know what will propel stocks out of this sideways movement though unless it is finally evidence of continued good earnings growth. Also, good evaluation by Judy on Dell and rumors. It seems odd that that kind of rumor surfaced in the face of increased 'retail' PC sales per the following. techweb.com Regards, Lee

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