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To: SeaViewer who wrote (112674)	7/14/2001 5:31:49 PM
From: pbull	Respond to of 436258

Re cars: Yes, I'm hearing that certain models continue to sell well, but there are big mfg rebates on many American makes. I just don't see a quick turnaround in the making here. I was reading the Denver papers online this p.m., and one of them has a special series on layoffs. They're dealing with the LU fallout, among other things. Now Comcast wants to buy T's broadband unit, which has a big presence in Denver. Smells like a sizable "downsizing" in the making. I hear the consumer sentiment index is rising. I wonder how they calculate that. Where I live, in the Midwest, most companies here are suppliers to large companies elsewhere. When things get slow, the suppliers feel it immediately because of all the just-in-time inventory. When things start to pick up, we should see that quickly, too. We just don't when that's going to happen. PB

To: SeaViewer who wrote (112674)	7/14/2001 6:19:20 PM
From: mishedlo	Read Replies (1) \| Respond to of 436258

Yep buy those cars right before you lose that job. Makes sense to me. Greenspan wants to keep that consumer buying. Buy buy buy. Also I suspect that much of this buying is because of 1% interest rates on new cars sales. This has to be hurting profits somewhere. Next stop 0% financing. Next stop. No buyers. M

To: SeaViewer who wrote (112674)	7/15/2001 2:02:52 AM
From: XBrit	Read Replies (2) \| Respond to of 436258

According to todays Merc, unemployment in Santa Clara county went from 3.2% from 4.2%... in one month. That's quite a rate of increase. www0.mercurycenter.com I see great sales at Safeway also. My theory is that they see an opportunity to stick it to Albertsons bigtime. The former Lucky (American Stores) stores have been hurt bad by the Albertsons conversion because Albertsons simply isn't as good of a supermarket as Lucky was. Well, just a theory. Tomorrow I'll walk by the Los Gatos Ferrari dealer and ask about a new 456, that's a really good indicator.