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To: Boplicity who wrote (12223)4/3/2001 5:03:38 PM
From: JRI  Respond to of 13572
 
Tae-Bo: BBY's "good quarter" is likely the last in the while....the last 3 months was the "last hurrah" for the U.S. consumer...reality is going to kick in here (as it should)...folks are going to start saving (as they should)...and debt is going to be parred down (as it should)...and this means, despite the tax cut, consumer spending will take a pretty decent hit....even if there are not a big spike in unemployment (which is certainly possible)

I'll be very surprised if BBY doesn't change their forecast within the next 3-4 months.....