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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: GraceZ who wrote (51619)	1/26/2006 4:21:39 PM
From: shades	Respond to of 110194

If people stop throwing their savings into RE and start putting it into small businesses and other productive assets it will be a plus for the economy. Spaceports, moonbases, big iron, genetic research on that big iron, I want to live long and go visit mars - I cant do that if money chases new corian countertops and shiny metal. We need to make smart kids - not drug kids.

To: GraceZ who wrote (51619)	1/26/2006 4:32:33 PM
From: shades	Respond to of 110194

Lots of paint sold for FLIP THIS HOUSE tv shows - hehe =DJ NEWS WRAP: Sherwin-Williams 4Q Sales Up; Shrs At New High . By Shawn Langlois SAN FRANCISCO (Dow Jones)--Sherwin-Williams Co. (SHW) on Thursday reported a 9% decline in fourth-quarter earnings due largely to an impairment charge, despite improved sales that surpassed Wall Street targets. Shares of the nation's biggest paint manufacturer hit an all-time high of $51.75 early in the session before backing off to close at $51.23, up $1.86. Sherwin-Williams posted a profit of $75.1 million, or 54 cents a share, down $82.5 million, or 57 cents a share, a year ago. Sales rose in the latest three months to $1.71 billion from $1.5 billion in the same period a year earlier. The company said fourth-quarter 2005 earnings were hurt by a 10-cent-a-share impairment charge due to an expected decline in business at a major retailer in 2006. Analysts polled by Thomson First Call had expected a profit of 53 cents a share, on average, with $1.63 billion in sales. "Though significant raw material cost increases in late 2004 and throughout 2005 had an adverse impact on our gross margins, we were able to implement certain price increases and take other actions in the fourth quarter that began to stabilize our ongoing gross margins," said Chairman and Chief Executive Christopher Connor. Paint-store sales, by far the company's biggest segment, jumped 16% to $1.18 billion. Looking ahead, the Cleveland-based company forecast earnings of 56 cents to 61 cents a share in the first quarter and $3.60 to $3.75 a share for 2006. Wall Street had previously targeted a first-quarter profit of 49 cents a share and a 2006 profit of $3.63 a share.

To: GraceZ who wrote (51619)	1/27/2006 3:09:25 AM
From: John Vosilla	Read Replies (2) \| Respond to of 110194

"I've given piles of evidence showing that RE hasn't been feeding the economy, the economy is feeding RE. If people stop throwing their savings into RE and start putting it into small businesses and other productive assets it will be a plus for the economy." If that is true why has the economy really sucked in places dependent on a real economy like Ohio and Michigan and had it's greatest boom ever in fast growing places with a housing centric economy like Florida and Arizona?