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To: Victor Lazlo who wrote (138866)2/7/2002 11:26:11 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
"You have said yourself that some jewelry stores in your area are now out of business. Does that reflect strong consumer spending? "

I did not say consumer spending was strong in 2001. It was terrible in 2001. Consumer spending is reasonably strong now and is improving. The firms that went out of business in 2001 were under capitalized and likely poorly run too.

Kmart is a good example.


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