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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: IQBAL LATIF who wrote (29331)	10/15/1999 3:34:00 AM
From: Jorj X Mckie	Respond to of 50167

Ike, I agree. As others have pointed out on other threads, he has said all of these things in the past, so there is nothing new. I do think that the market is a bit on edge and maybe looking at all news with a jaundiced eye. I think that I mentioned in one of my messages to OJ that I can see a correction, but I don't think that we are in for a long term bear. I don't believe that a bear could camp out in the beginning of the internet revolution. Though it may seem like the internet is now a common part of our every day lives, we are a long way off from realizing the true potential. JXM P.S. Hope all is well with your family.

To: IQBAL LATIF who wrote (29331)	10/15/1999 10:41:00 AM
From: James C. Mc Gowan	Respond to of 50167

Good Morning IKE: Lee's PPI report noted that the 0.8% monthly increase would have been only 0.1% if the cigarettes and passenger autos were taken out. Cigarettes are not a staple of consumer consumption. Auto prices fluctuate and today's price increases often turn to price reductions or low-interest car loan offers after the new models are out in the market, to my recollection. Would you give us your analysis of the PPI numbers, and thier significance for the markets? Thank you for your insights. Regards, James Edit: oops, looks like you answered before I could finish typing... Man, you're quick