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To: Bill Harmond who wrote (81009)10/18/1999 2:30:00 AM
From: GST  Respond to of 164684
 
Must run -- I am really hard pressed right now. Later -- and think about the real risks here.



To: Bill Harmond who wrote (81009)10/18/1999 2:31:00 AM
From: GST  Read Replies (1) | Respond to of 164684
 
P.S. -- check out the carnage in Asia.



To: Bill Harmond who wrote (81009)10/18/1999 2:37:00 AM
From: dbblg  Read Replies (1) | Respond to of 164684
 
Hi William,

I read that piece too. The part which kind of bothers me is:

While the
Shelbyville, Ind.,
company is paying
higher wages -- the
result of a local
unemployment rate
of under 2% -- the
company still isn't
able to pass that on
to customers. "Our
customers will not accept any price
increases right now," Mr. Sarin said. "The
big challenge is for us to improve our
productivity."


I think this is true in a huge chunk of the economy right now, and it is likely to become more so. That would also fit in with the rich valuations the ARBAs and AGILs of the world have commanded even as the non-techs have ground lower this year.

Did you see this?

Morgan Stanley already
operates Discover
Brokerage Direct, an
online discount broker. Its
new plan envisions
eliminating Discover as a
separate unit and rolling it
together with traditional
brokerage services
provided by Morgan
Stanley's 11,000
full-service brokers. Renamed Morgan
Stanley Dean Witter Online, the
electronic service will be available either
a la carte, for $29.95 a trade, or as part
of a full-service brokerage account that
carries an annual fee based on assets.


nytimes.com



To: Bill Harmond who wrote (81009)10/18/1999 9:35:00 AM
From: Jay Rommel  Read Replies (1) | Respond to of 164684
 
> WSJ Online is the best deal on the Internet. They throw in Barron's

Gee, and here I thought it was this thread <g>
Where else can you get unbiased opinions for free.