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Strategies & Market Trends : Joe Stocks Trader Talk -- Ignore unavailable to you. Want to Upgrade?


To: Michael Young who wrote (579)3/19/2002 7:15:50 PM
From: Robert New  Respond to of 787
 
The Book 2 Bill number just came out at .87...slowly but steadily moving towards 1. Over that level indicates expansion. Would expect to see some positive spin given to this number tomorrow. 10% sequential pickup in bookings from Jan to Feb.



To: Michael Young who wrote (579)3/20/2002 10:43:05 AM
From: Joe Stocks  Respond to of 787
 
FRED- Mike, researching FRED I don't see the makings of a nationwide roll-out. They opened 32 stores last year and just 2 last quarter. From what I see they are destined to remain a regional retailer. Nothing wrong with that but at current levels I don't see the attraction. On a side note, I also think that markets are being overstored with Fred's concept. One must think that the economic expansion that started in 1982 is still in place. I don't think it is although it's getting harder to prove my point. LOL!

Joe