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To: GST who wrote (111341)10/27/2000 11:53:44 PM
From: Victor Lazlo  Read Replies (1) | Respond to of 164684
 
GST i agree, think we may have a "relatively" rosy november.
But the bear market will soon return with vigor, imho.
Victor

Businesses' profit margins shrink
A third-quarter survey by the National Association for Business Economics found that profit margins at member firms experienced their sharpest drop since 1991. Demand and capital spending also fell. "Our survey hints that the business outlook is becoming much more difficult," says NABE President Richard Berner, who is chief economist at Morgan Stanley Dean Witter. Some firms are "preparing for much tougher times," he adds.

usatoday.com