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To: H James Morris who wrote (140060)3/1/2002 1:11:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 
This may interest some. I did some editing to shorten this"

"Rapaport TradeWire - March 1, 2002
----------------------------------

News: Fine better quality rough prices remain firm. Shortages of 2-4
carat G+ VS1+ polished are driving market prices higher. Demand is not
great, but supplies are non-existent. U.S. retail seasonally sluggish.
Consumer confidence fell for first time since December. Tiffany's 2001
sales declined 4% to $1.6 billion with U.S. comps off 8%. UNITA leader
killed by Angolan government.

Fancies:

Princess cuts remain hot with premiums for very square stones.
Radiants and large Emerald Cuts doing well. The rest of the fancy
shapes are relatively weak, although large better quality Pear Shapes
still an item. Shortages of G+ VS1+ goods in larger sizes persist."

"Retail was sluggish this week with slow store traffic. Lower price
point jewelry remains the strongest seller. Jewelers are starting to
think about re-stocking for summer, but concerns over misaligning
inventories in the present slow economy make retailers reluctant to
purchase anything other than basic fill-in merchandise. The U.S.
Commerce Department says that Q4 GDP grew 1.4%, but a report that
consumer confidence dipped in February has kept retailers
conservative.

"The trading-down phenomenon during the fourth quarter, and frankly
throughout the year, meant that customer moved to somewhat lower, but
not necessarily low, price points," said Mark L. Aaron, Tiffany's vice
president of investor relations. "There was significant activity at
higher price points in jewelry with diamonds and other precious
stones. In fact, unit levels were close to the prior year in the
fourth quarter. Simultaneously, there was robust demand in silver
jewelry and other jewelry without stones. However, trading-down
affected most categories to one degree or another.""

""While confidence has weakened from January's level, both components
of the Index still point to healthy consumer spending in the months
ahead," Franco said. "The consumer will continue to provide solid
spending support as the economy moves into recovery.""

"--- Ashford Again Facing NASDAQ Delisting

The NASDAQ sent notice to luxury e-tailer Ashford.com, informing the
company that it no longer meets the $1 minimum bid-price requirement
for continued listing. Shares stood at 23 cents on February 25.
Ashford has until May 15 to regain compliance or it faces delisting.

Ashford management said it has planned a shareholder meeting for March
14 to vote on a proposed merger that would sell all of Ashford's
outstanding shares to Global Sports Inc., a developer and operator of
e-commerce businesses. If approved, the merger is expected to take
place promptly after the meeting. The transaction is valued at
approximately $14.2 million.

Ashford first received notice about its failure to meet the $1 minimum
requirement from the NASDAQ in April 2001. Management announced the
proposed Global Sports merger in September."



To: H James Morris who wrote (140060)3/1/2002 1:28:10 PM
From: Skeeter Bug  Read Replies (2) | Respond to of 164684
 
hj, greenspam is still spamming the great US w/ dollars. printing money is the preferred sol'n to every problem...



To: H James Morris who wrote (140060)3/1/2002 5:15:45 PM
From: Victor Lazlo  Read Replies (2) | Respond to of 164684
 
HJ, I am betting with SYNA, and I'll throw some money down on jetblue too. Hopefully a lot! David Neeleman really knows the business.

The Economics of JetBlue Airways
"How can you offer great service with low fares -- and make a profit - when so many airlines are having a hard time?"

It's a fair question, and we hear it a lot. Airlines are all over the news – and the messages aren't always good. But JetBlue bucks the trend. We were profitable within our first year of operation, and our product – new planes, leather seats, up to 24 channels of DIRECTV for every customer, low fares and friendly service – ups the ante at a time when other airlines are cashing in their chips. How have we done it?

jetblue.com