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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: Junkyardawg who wrote (39094)	6/13/2000 2:38:00 PM
From: John Pitera	Respond to of 63513

very good point Dawgy....

To: Junkyardawg who wrote (39094)	6/13/2000 2:56:00 PM
From: Logain Ablar	Read Replies (1) \| Respond to of 63513

dawg: I remember when the gas guzzler cars were real inexpensive after the 72 - 73 oil shock. Nobody wanted to buy them when gas was 80 cents / gallon (and people were used to 30 cents). The rising prices will have a serious impact on Ford, GM, DC and others that derive a significant % of revenues and profits from the gas guzzling SUV's. As an example my brother is purchasing a Lexus RS300 (the luxury outback?) while his last 3 vehicles were the Explorer. While it was more the lease arrangements and comfort he'll pick up 10MPG. The gas prices with rates will really slow the economy quick. Tim