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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?


To: Gottfried who wrote (12097)11/18/2004 9:43:18 AM
From: BWAC  Respond to of 25522
 
If DELL converts to using some AMD chips then INTC is in trouble. No wonder the touts are coming out.



To: Gottfried who wrote (12097)11/18/2004 10:24:17 AM
From: Proud_Infidel  Respond to of 25522
 
Leading Indicators Dip Again in October
Thursday November 18, 10:12 am ET
By Seth Sutel, AP Business Writer
Leading Indicators Fall for the Fifth Straight Month, Suggesting Economy May Be Slowing

NEW YORK (AP) -- The Index of Leading Economic Indicators, a widely watched gauge of future economic activity, fell in October for the fifth straight month, suggesting that the economy may be slowing, a private research group reported Thursday.

The Conference Board said that its main indicator of future economic growth fell 0.3 percent in October, following declines of the same size in September and August. The October decline was steeper than the fall of 0.1 percent that economists had been expecting.

Ken Goldstein, an economist at the New York-based research group, called the latest decline in the index "a clear signal that the economy is losing steam." He also said that "worries about where the economy is headed may cause some strategic plans to be put on hold."

However, the Conference Board also said that while the weakness in the economy has become more widespread in recent months, the recent declines in the index have not been large enough or persistent enough to indicate that the current expansion of the economy is coming to an end.

The index is calculated by combining a number of factors believed to be good indicators of the direction of the economy over the next three to six months, such as manufacturing, interest rates, consumer expectations, stock prices and money supply.