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To: Box-By-The-Riviera™ who wrote (104372)5/24/2001 6:19:20 AM
From: Earlie  Read Replies (1) | Respond to of 436258
 
Joel:

Glad to see some of these folks catching up with reality.

I have been amazed at the fact that so few investors have noted the percentage of US GDP (a number that is as bogus as a three dollar bill in any event) that represents a "build-for-inventory".

Best, Earlie



To: Box-By-The-Riviera™ who wrote (104372)5/24/2001 5:06:12 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
<<``There is no spin or room for interpretation here at all. It is completely factual. >>

hear, hear! i had a good laugh when the decline in inventories was recently trumpeted on CNBS as a bullish event...they forgot to add that the inventory/sales ratio actually worsened, as sales are declining even faster.


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