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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Wayners who wrote (659699)11/11/2004 3:45:01 PM
From: Shoot1st  Read Replies (1) | Respond to of 769670
 
Wain,

it is clear that you still employ that little old feeble lady down the street to write your insults....

may I suggests a change to a newer, more youthful scribe......

I have a brain damaged parrot that would work well for you....

he's cheap.... and far better than your original work......

you might even head back to INSULTS for a refresher course.....

other than that.......

nothing.

S1



To: Wayners who wrote (659699)11/11/2004 3:57:11 PM
From: Paul van Wijk  Respond to of 769670
 
Brains versus muscles.

Europe hits 2 1/2-year high
Thursday, November 11, 2004 Posted: 1735 GMT (0135 HKT)

LONDON, England (Reuters) -- European stock markets closed at their highest levels in almost 2 1/2 years on Thursday as falling oil prices boosted investor confidence, while Deutsche Telekom jumped after promising a bigger dividend.

The FTSEurofirst 300 index of pan-European blue chips closed 1 percent higher at 1,031.6 points, its highest close since July 2002.

Turnover was solid at more than 2.4 billion euros and stocks to rise outnumbered those that fell by almost four to one.

The narrower DJ Euro Stoxx 50 index ended up 1.1 percent at 2,903.9 points.

Dealers said a number of positive factors supported equities including undemanding valuations for European stocks, the re-election of incumbent U.S. President George W. Bush, the seasonally strong period of the year for stocks, more certainty on global interest rates and a weakening in the high oil price.

"There's also quite a bit of cash around in the system and third-quarter earnings have been at least as good as most people would have expected," said one dealer at a European bank.

Crude oil prices were down 3 percent on Thursday, taking prices back towards $47 a barrel as supply concerns eased.

"On the basis of what we've seen over the last couple of weeks, you have to be cautiously optimistic," said Robin Weir, head of European research at Scottish Widows Investment Partnership.

The emphasis remained very much on individual stocks that can either increase their top-line figures or can demonstrate margin improvement, Weir said.

"The headline valuation of the market is not that expensive, either compared to historic levels or compared with other markets around the world. We see Europe as very good value relative to the U.S. in particular."

In New York, the blue-chip Dow Jones industrial average was 0.4 percent firmer at 10,427.1 points, while the Nasdaq Composite Index rose 0.5 percent to 2,045.6 points by 1716 GMT.

Around Europe, London's FTSE 100 closed 0.9 percent higher, while Paris's CAC-40 ended up 1.2 percent, both the highest for nearly 2 1/2 years. In Zurich, the SMI rose 0.7 percent and Frankfurt's DAX closed 1 percent firmer.

Deutsche Telekom shares rose 4.4 percent to 15.67 euros after it said it would pay out 2.6 billion euros to shareholders after a strong third quarter.

Other telecoms companies also firmed, with France Telecom closing up 3.3 percent and BT Group up 3.1 percent after it beat expectations with a 4 percent rise in second quarter profits.

Spain's Telefonica missed the rally, closing down 0.1 percent after cutting its 2004 core profit target.

In other sectors, Dutch insurer Aegon closed 3.5 percent higher at 9.60 euros after its 3 percent rise in third-quarter net profit topped expectations.

Airbus parent EADS rose 5.7 percent to 24.90 euros after an Indian government panel gave approval for state-owned Indian Airlines to buy 43 airbus planes worth more than $2 billion.



To: Wayners who wrote (659699)11/11/2004 5:10:54 PM
From: TideGlider  Read Replies (1) | Respond to of 769670
 
Three lawyers and three engineers are traveling by train to a
conference. At the station, the three lawyers each buy tickets and
watch as the three engineers buy only a single ticket.

"How are three people going to travel on only one ticket?" asked a
lawyer.

"Watch and you`ll see," answers an engineer.

They all board the train. The lawyers take their respective seats but
all three engineers cram into a restroom and close the door behind
them. Shortly after the train as departed, the conductor comes around
collecting tickets. He knocks on the restroom door and says, "Ticket,
please." The door opens just a crack and a single arm emerges with a
ticket in hand. The conductor takes it and moves on.

The lawyers saw this and agreed it was quite a clever idea. So after
the conference, the lawyers decide to copy the engineers on the return
trip and save some money. When they get to the station, they buy a
single ticket for the return trip. To their astonishment, the
engineers don`t buy a ticket at all.

"How are you going to travel without a ticket," asks one perplexed
lawyer.

"Watch and you`ll see" says an engineer.

When they board the train the three lawyers cram into a restroom and
the three engineers cram into another one nearby. The train departs.
Shortly afterward, one of the engineers leaves his restroom and walks
over to the restroom where the lawyers are hiding. He knocks on the
door and says, "Ticket, please".