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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: StanX Long who wrote (62478)3/28/2002 10:43:18 PM
From: pompsander  Read Replies (1) | Respond to of 70976
 
And I am sitting on my April/55 covered calls I sold right at the tip of the last rise over 54. Interesting to see if we can pop through my strike price and hold it in the weeks ahead. I kind of doubt it, after this great run.



To: StanX Long who wrote (62478)3/29/2002 1:25:49 AM
From: StanX Long  Read Replies (1) | Respond to of 70976
 
Japan Faces Slow Recovery From 17-Month Recession (Update1)
By Ann Saphir with reporting by Yoshiko Matsushita, Daisuke Takato, Miho Yoshizaki and Mayumi Otsuma and

quote.bloomberg.com

Tokyo, March 29 (Bloomberg) -- Japanese factory production rose less than expected in February and unemployment held near a record high, signaling the world's second-biggest economy may not pull out of a 17-month recession quickly.

Production rose 1.3 percent last month from January, about half the 2.5 percent gain economists expected and less than a third of the increase manufacturers forecast a month ago, government figures showed.

Japan is relying on exporters such as Honda Motor Co. and Sharp Corp. to end the recession. The jobless rate held at 5.3 percent in February and household spending fell, underscoring the limitations of that policy in a country whose retail industry is more than five times larger than its export industry.

``Before today, people were starting to think the economy may have bottomed out,'' said Taro Saito, an economist at NLI Research Institute. ``These numbers throw water on that optimism -- we've stopped sinking rapidly, but we haven't yet begun to turn up.''