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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Bosco who wrote (4233)	8/10/2000 6:20:16 PM
From: Logain Ablar	Read Replies (1) \| Respond to of 30051

Hi Bosco: The CPI excluding food and oil (who needs to eat or drive anyway) has been benign but not excluding is not benign. As more and more of the oil / gas costs filter into the economy (chemicals, film, plastics, tires, electric energy to run the machines and A/C's etc. we'll see the higher inflation in the non oil component. The indicators I follow seem to think this will still be benign but I'm cautious at the momment. Just me. Have a good night. Tim PS I can tell you about a value stock I used to own with a very low PE. Remember APM. Ended up having a very high PE right before it went belly up (I was lucky on exiting that one with a minimal loss). KEM doesn't seem to be in the same boat.