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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Jim Willie CB who wrote (39663)	8/2/2001 9:35:50 AM
From: stockman_scott	Read Replies (1) \| Respond to of 65232

Value Investor Bill Miller Likes Telecom... thestreet.com Best Regards, Scott

To: Jim Willie CB who wrote (39663)	8/2/2001 9:37:21 AM
From: stockman_scott	Respond to of 65232

08:32 ET Economic Data : Jobless claims fell 23K to 346K in the July 28 week vs the consensus of 390K. This is the third straight large decline, bringing claims down over 100K in just three weeks. Believe it? We don't. The mid-400K numbers of a few weeks ago probably overstated the trend, but today's number just as certainly understates it. We seriously doubt that there has been any significant improvement in the labor market yet, and tomorrow's Employment Report should confirm that.