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To: pater tenebrarum who wrote (24228)6/9/2000 11:02:00 PM
From: Joan Osland Graffius  Read Replies (3) | Respond to of 42787
 
HEINZ,

The South African gold stocks are getting roughed up.

I wish I knew what these idiots are going to do with this market. We have inflation, the retailers are coming out one by one telling us things are not well at the cash register, PG tells up things are not great, Kimberly Clark says they are passing through increases in costs to the consumer, Bank stocks are acting like chickens with their heads cut off; but in this environment a lot of stocks are still going up. Nothing makes sense anymore. Maybe I am just impatient.

BTW, the fellow that was interviewed on Wall Street Week tonight said he had sold all of his cisco. He said a PE of 30 was ok but when it reached 100 they started selling. <ggg>

Joan



To: pater tenebrarum who wrote (24228)6/10/2000 8:37:00 AM
From: Gersh Avery  Read Replies (1) | Respond to of 42787
 
It's interesting to note that the fed doesn't believe in cooked books.



To: pater tenebrarum who wrote (24228)6/10/2000 9:38:00 AM
From: Les H  Read Replies (1) | Respond to of 42787
 
I think the end of the sampling period may be exactly one month before the report date. Yesterday's sample was smaller than the prior report which was for a shorter month, April. In any event, one would think that the report oughta sample at least two-thirds of the month to be considered relevant for that month.