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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: TWICK who wrote (77222)	5/19/2001 3:56:16 PM
From: Doug	Respond to of 99985

Twick: Poor S.V ; apparently they dont use A.G's High productivity lenses; if they did they would see things differently.

To: TWICK who wrote (77222)	5/19/2001 4:39:44 PM
From: eichler	Read Replies (1) \| Respond to of 99985

TWICK, Thanks, interesting article. Funny thing....as bad a portrait the article paints (which I don't dispute at all); I still don't see the rents around here rolling back one bit. Nor Real Estate prices, though the bidding wars have died down. Nor have I noticed any prices for food, clothing, anything falling.... In fact, I just paid 2.11 a gal. for reg. at the Standard a couple blocks from where I reside. Two weeks ago, it was about 1.95! And this after a media story very recently that gas was coming down a couple cents....Ha! What a laugh. I won't even mention energy (PG &E) bills....oops, guess I just mentioned it. ggg I'd be willing to bet that for each company that will be willing to call it quits...there will be two more lined up for their turn in the batter's box. That article points out San Jose's business license applications still up substantially over last year. I understand the concept of recession and realize that unemployment is and will be rising, that there will be increased business failure, etc.....it's just you'd never know it living around here! Prices for anything still go up and up. New buildings still popping up. Vacant lots (rare) disappearing. Freeway (hwy 101) still becomes a gigantic parking lot at certain times on weekdays. So far, it's still business as usual. Recession: I believe it, I just can't "see" it! Regards, Eichler