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To: ild who wrote (246112)6/17/2003 6:54:01 PM
From: patron_anejo_por_favor  Read Replies (2) | Respond to of 436258
 
So much for the garbage from the "Empire State" Fed index (or whatever that rummy BS was that launched the market preopening yesterday).<NG>

That said, the B2B will probably get bought...just because.



To: ild who wrote (246112)6/17/2003 8:42:06 PM
From: Earlie  Read Replies (2) | Respond to of 436258
 
Ild:

At this level, the B to B is basically stating that the industry is in a worse-than-comatose state (i.e., bordering on "terminal"). Of course so long as investors can "peer across the misty valley", current PEs are no doubt quite reasonable. (g)

best, Earlie


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