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To: Glenn D. Rudolph who wrote (129866)	8/10/2001 2:42:47 AM
From: schrodingers_cat	Read Replies (2) \| Respond to of 164684

>I believe the consumer will continue to spend Don't tell the bears...;)

To: Glenn D. Rudolph who wrote (129866)	8/10/2001 10:10:41 AM
From: Skeeter Bug	Read Replies (1) \| Respond to of 164684

glenn, good point re: bargains. heck, bargains are a badge of honor for me. not cheap, but value. i paid a bundle for a center channel to match home theater speaker, but it was about the best one out there and 1/3 retail. NO WAY i'd pay more than i did. however, the negative cycle is in place, imho. as folks lose jobs they spend a bit less. when they don't get a job soon, the spend a lot less. as they spend less, more folks get laid off. the spend a bit less until they don't find a quick job... etc... the crunch is coming, just a matter of when and how big, imho. my hope is that it isn't a death grip.