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


To: Justa Werkenstiff who wrote (78)7/5/2000 8:40:07 PM
From: Justa Werkenstiff  Read Replies (2) | Respond to of 10065
 
-- 7/5/2000 2:44:00 PM Goldman on capital goods
Abby Joseph Cohen, chief investment strategist at Goldman Sachs, said the rate of profit growth in the capital goods sector may have peaked in the first quarter. She thinks second-half results will reflect deceleration in macroeconomic activity. The reasons she gave for the good, but slower, profit growth in the sector were higher material costs, limited pricing flexibility and dollar strength against the euro. Among some of the stocks in the group, Boeing (ba: news, chart) is up 1 5/16 to 43, Caterpillar (cat: news, chart) is losing 3/4 to 35 1/4, Ingersoll-Rand (ir: news, chart) inched 1/16 lower to 41 3/4 and Fluor Corp. (flr: news, chart) is up 7/8 to 33.



To: Justa Werkenstiff who wrote (78)7/6/2000 9:11:39 AM
From: Hank Stamper  Respond to of 10065
 
re: "Taiwan Announces Stock Support Measures; 2nd Time in a Week"

Another sign of a market on its way down--governments attempt to quell downside volatility and calm investor's fears. "Heck," complacent investors say, "the government has a stake and won't let the markets drop. I'm safe."

Let's see, Taiwan has its team.... The US has it's crash protection team.... Canada has its team--oops! Nope, our team--the securities arms of our major banks--got busted for manipulating stock market prices (the Royal Bank). Oh no Canadians are naked in the great snowy north.

Let's keep this bubble baby going a little while longer so more of the big money can distribute please. <g>

Ciao,
David Todtman