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To: advocatedevil who wrote (4045)1/23/2003 12:26:58 AM
From: Robert O  Read Replies (1) | Respond to of 13403
 
ot

AD are you the sloth bear of the family?? In any event continued endurance is predicted.

Sloth bears rely on their aggressive nature in interactions with large dangerous species like tigers, leopards, elephants, and rhinoceros. This disposition also make them a danger to people.

Bears range from the Arctic coasts to the tropical jungle. Their elongated crushing pre-molar and molar teeth are adaptations to predominantly omnivorous diets. They have plantigrade feet, non-retractile claws and heavy limbs.

Bears evolved fairly recently by geological standards. It is believed that they share a common ancestor with the dog and wolf. Around 18 million years ago their ancestors started to change, their skulls becoming heavy and huge, their teeth blunt and short, their legs stocky and tails fading to stubs.

It is believed that they evolved this way due to the environment and the way they lived. They no longer chased after their prey, they began to eat tough plant material as well as meat. It appears they sacrificed speed for strength.

Modern bears still retain many of these characteristics. They have large heavy bodies with extremely powerful limbs. Each limb has five strong, sharp claws which are used for tearing and digging. Bears have an unusual gait due to the fact that they walk flat footed like man, instead of on their toes as the Canidae do. Also like man, they can rotate their forearms, giving them great agility and strength when grabbing prey. Most bears are still partly carnivorous, excluding the sloth bear (mentioned earlier) which is a vegetarian. Despite their large, lumbering size, bears can move extremely fast, some running up to 30 miles an hour! Most of the lighter species are also good climbers. Bears who live in the temperate and cold regions, gain quite a bit of weight when winter approaches. Once cold weather arrives, the bears seek shelter and go into a deep sleep resembling hibernation. Despite the freezing temperatures, the polar bear does not hibernate during the winter, except for pregnant females.

The bear has adapted to survive in environments as diverse as the heat of southern Asia to the Arctic region of the North Pole. Its strength and power has helped it survive many obstacles and will continue to thrive.



To: advocatedevil who wrote (4045)1/23/2003 6:26:26 AM
From: Sarmad Y. Hermiz  Read Replies (3) | Respond to of 13403
 
OT ** >> wait 'till we approach 800 on the S&P before seriously committin',

AD, I don't see the how people arrive at any particular target valuation number, or index number.

I just see that earnings are better this Q. Sequentially, and year/year. The market has been jiggering its valuation every day for 3 years now. Does it still need more time ? I guess that depends on on whether the economy will keep improving, or turn down again.

I guess each of us answers this from the perspective of his own situation. Personally I and my neighbors still have jobs and income. I see the place where I work hiring people - not laying off. My relatives have their businesses and income. They're buying stuff like furniture, appliances, cars, computers, cameras, etc.... So I figure the economy is fine. And that is confirmed by housing stats, the GDP, unemployment claims, etc....

So the problem is stocks. Will they catch up with their valuation ? I think so. When ???? No idea.

Sarmad