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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: Bill Harmond who wrote (9482)	11/3/2001 4:34:48 PM
From: Mark Fowler	Read Replies (1) \| Respond to of 57684

This one is going to last awhile...now in my view it's a given that Xmas sales will be below last yrs. levels and usually is a good indicator for economic activity going into the following yr. There's nothing that will move these markets higher until earnings and profits start to improve dramatically and i just don't see it happening with telecom contracting into depression levels. There's going to be a further weeding out and divesting. There may be a few pockets of strength, but not much.