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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?


To: Crossy who wrote (852)1/4/2003 10:03:41 AM
From: JoeinIowa  Read Replies (1) | Respond to of 23958
 
Crossy,

Maybe that is just an indication of the lack of individuals interest in the market these days. When the market was going up everyone wanted to talk about the market. Now, there are few people who even care. The key is everything cycles and so will stock market interest. Everything I have read about IPSU looks good. The only thing about sugar that I do not like is the price. If I go to the store it seems to me I can buy 5 lbs for a few bucks and I have 2 or 3 choices. Basically its very cheap. Its hard to imagine margins ever improving when competition is there and the price seems so cheap. Thats probably the biggest reason I have not bought any. All the fundamentals seem to be greatly improving. Long term it could be a great investment. I plan to keep my eye on it. Thanks for all your other stock inputs.

Joe



To: Crossy who wrote (852)1/4/2003 11:01:55 AM
From: Ken W  Read Replies (2) | Respond to of 23958
 
Crossy:

This may not be what you are looking for, but does give a historical view of world and domestic sugar prices along with some of the influences on that market.

fas.usda.gov

As to CA production, I would not put too much trust in CA remaining a viable producer, other than for organic crowd. We here have a funny way of holding on to the latest fad for about 6 months to a year. At that point our state gov't finds a way to tax the hell out of a money making situation, thus killing the incentive.

Organic farming was going great guns here (but now taxed) The produce now sits in the markets in very small quanity with (from what I've seen) no interest as the price is about 30% higher than the regular produce.

I'll try and find some additional infromation also.

Ken