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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: Justa Werkenstiff who wrote (10175)	12/1/1999 11:50:00 AM
From: Justa Werkenstiff	Respond to of 15132

Correction: "early to mid 1998" to "early to mid 1999." (eom)

To: Justa Werkenstiff who wrote (10175)	12/1/1999 1:08:00 PM
From: Wally Mastroly	Read Replies (1) \| Respond to of 15132

NAPM slightly less than expected - cools bond market - for now: cnnfn.com Some excerpts: "..The National Association of Purchasing Management said its index of manufacturing activity slipped to 56.2 in November from 56.6 in October, the second monthly decline and just below the 56.3 reading expected by analysts. The "prices paid" component -- a measure of costs -- declined to 65.3 from 69.4, its first drop in six months. While the numbers were a shade weaker than economists had expected, they remained at levels that "suggest manufacturing activity continued to expand at a moderate pace,” said Steven Wood, an economist with Banc of America Securities in San Francisco. Peaked out? Norbert Ore, chairman of the National Association of Purchasing Management's survey committee, reiterated that view -- suggesting manufacturing activity, while still strong, might have peaked..." - Some details from bloomberg: bloomberg.com