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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: bill meehan who wrote (62044)	6/10/1999 10:44:00 PM
From: Bill F.	Read Replies (1) \| Respond to of 132070

ditto-so if the numbers spill that way what do stocks do?

To: bill meehan who wrote (62044)	6/10/1999 11:07:00 PM
From: TheStockFairy	Respond to of 132070

I think that we have had enough warning that retail sales numbers are going to skyrocket. An example of the resulting stock movement would be Circuit City...just shot up 20 points or 30% faster than you can say "Cover!!" I'm no economist either, but it is also a sure bet that as the consumers continue to get hammered on their internet stocks, the end result will be falling retail sales. My best guess is that this is either the last or second to last quarter of strong retail sales if the trend of declining internet stocks continues. Overly simplistic and obvious? You Betcha. <<CIRCUIT CITY STORES (CC) Q1 SALES UP 19 PCT TO $2.69 BLN FROM $2.27 BLN>>