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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Hawkmoon who wrote (4921)	10/19/2001 10:58:57 AM
From: Lee Lichterman III	Read Replies (1) \| Respond to of 33421

Regarding coffee - The FA that is holding down coffee prices is Vietnam which planted it as a cash crop a few years ago. Those fields are now yielding very well and suppressing the price as they flood the market with cheap coffee beans. While true that their coffee is no where near as good in quality as Brazil beans, many manufacturers are blending the cheap stuff in with the good stuff and no one is complaining. I doubt coffee will jump unless a storm or strange weather front affects Vietnam. May want to do a google search on coffee and Vietnam to read up on it. Basically South America used to have a monopoly on coffee but it has now gone away thus the pressure on prices. If you think people in South America work cheap, you should see what farmers in Vietnam can live on. Good Luck, Lee

To: Hawkmoon who wrote (4921)	10/19/2001 3:42:53 PM
From: John Pitera	Read Replies (1) \| Respond to of 33421

LOL yes famed WWII pacific fleet admiral Halsey, drank 15 to 20 cups of coffee a day I've read..... -g- hey what do you think of this post?? Message 16523168 John btw I'm still bullish on CD as a GAAP stock..... Cendant Corp (CD) 13.01 -0.02: -- Before Open -- Jolson MP upgrades to STRONG BUY from long-term Buy rating with price target of $19; believes the stock is oversold, particularly in light of Cendant's growth prospects; longer-term, firm continues to look for Cendant to be an aggressive consolidator of the real estate services and travel services industries and believes that it should show average internal growth of around 10% and total EPS growth of 15%-20% annually over the next 2-3 years.