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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 (12715)3/23/2000 7:13:00 PM
From: Kirk ©  Read Replies (1) | Respond to of 15132
 
Re: "So...what are you going to do?"

Watch those municipals pay out a tax equivalent return of 10-12.5% every year. Send a letter to the Treasury thanking them for capital appreciation to boot.

Hard to beat that. Especially when you consider I think rates will go lower in the long run.

Hardest thing is determining what is your critical mass level. Every time I think I have a number, I then find it is always nice to have even more money. Fly first class? Then why not get a private jet? Perhaps start with a Lear Jet then you will want to upgrade to a Gulfstream. Not a bad problem to have. 8)



To: Justa Werkenstiff who wrote (12715)3/23/2000 7:56:00 PM
From: Justa Werkenstiff  Respond to of 15132
 
** Today's Trade: Go Long Twinkies **

By MARTIN FINUCANE
.c The Associated Press

BOSTON (March 22) - Forget the high gas prices. Folks along the East Coast are
swallowing bitter news this week: There is a shortage of Twinkies and other snack-food
favorites, courtesy of a labor dispute.

Supply problems are being reported from the nation's capital to Maine, wreaking havoc
on untold snack breaks.

'I'll have to eat healthy food,' complained Rubens Breeden, a 28-year-old state worker
longing for Ring Dings and Devil Dogs on Tuesday.

Charlie Bianchi, who works at a snack bar in one of the busiest state office buildings, has
faced the wrath of the hungry masses.

'All day long, they're saying, 'Where's my Twinkies? Where's my coffee cake? Where's
my pound cake? Where's my Devil Dogs? Where's my Yodels? Where's my Ring
Dings?' Bianchi said.

'They're ready to kill. They look at me with doubt in their eyes. They think that I forgot
to place the order. It's always the coffee slinger's fault,' said Bianchi, 42, assistant
manager of Hal's Place.

Actually, a Teamsters strike has lead to shortages in a variety of well-known bakery
products, including Wonder bread and Hostess brands such as Twinkies.

As shelves empty across the region, the area will have to do without deliveries of about
2 million Twinkies and cupcakes per week and another 400,000 loaves of Wonder
bread, a company official estimated.

The strike began a week ago when 1,400 Teamsters responsible for delivery and sales
of products from Interstate Bakeries Co.'s only New England bakery in Biddeford,
Maine, walked off the job.

Since then, that bakery and others have shut down as Teamsters in other states honored
the pickets. Interstate Bakeries officials say five bakeries in four states have closed.

The union has accused the company of refusing to honor arbitration rulings. The
company maintains it was shut out of the arbitration process, and it has asked a judge to
clarify the process.

One of the major sticking points has been the company's requirement that drivers deliver
more than one brand of Interstate products. The Teamsters say drivers are supposed to
be paid different amounts for each brand.

All of this comes as the Twinkie, the yellow, spongy, cream-filled cake, approaches its
70th anniversary next month.

Some people are already seeking to make a buck off of the Twinkie crisis. What was
billed as 'The last box of Twinkies known to Man?' was being offered on the Internet
auction site eBay, with the minimum bid set at $2,500. There were no takers late
Tuesday.

Pamela Anderson, a mother of two, picked up some of the last Twinkies at a gas station
in Concord. N.H.

'I say they're for my kids, but they're really for me,' she said.

Lisa Towne, a dental hygienist with Aesthetic Dental Center in Concord, saw a bright
side to the strike: 'The dental community might even benefit.'

In downtown Boston, shelves usually occupied by Hostess products were bare or
getting there quickly.

To Breeden, the Massachusetts state worker, eating Twinkies and other snack cakes is
just part of growing up American.

'It's like everything from baseball to watching the Celtics,' he said. 'Basically, every little
kid does it; it's like throwing rocks and playing in the mud.'



To: Justa Werkenstiff who wrote (12715)3/23/2000 8:17:00 PM
From: Justa Werkenstiff  Respond to of 15132
 
** Bond Rally to Continue **

Come on Larry, Let's get this thing in gear:

Tomorrow, Treasury Secretary Lawrence Summers delivers remarks in New York City at the Annual Kickoff Luncheon of the 2000 Greater New York Savings Bond Volunteer Committee at the Pierre Hotel, at 12:00 p.m. New York time.

At 2:30 p.m. New York time, Summers delivers remarks to Partnerships in Education at George Washington High School.