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To: C Wright who wrote (4689)10/28/1997 1:30:00 PM
From: HeyRainier  Read Replies (2) | Respond to of 9262
 
Carol, I have to agree with your investment banker friend. He knows what he's talking about, and I'm considering consulting some professors here at the University of Washington to talk about it.

Regards,

Rainier



To: C Wright who wrote (4689)10/28/1997 3:09:00 PM
From: Galirayo  Respond to of 9262
 
[ INTC Intel ] Just heard they will BuyBack Stock too.

The Bulls are winning today.

Ray



To: C Wright who wrote (4689)10/28/1997 3:11:00 PM
From: Carlton G Glenn  Read Replies (1) | Respond to of 9262
 
Hi Carol,
Glad your seeing some Green,Blue I mean.. :))
Just want to clarify that I am not a gold bug and am not advocating buying gold. In my years of playing the market I think I have only played this sector a dozen times or so. There is alot in play here that I do not fully understand. One thing I do understand is that alot of stocks in this sector now appear to be oversold and I am always interested in these type plays, regardless of the sector.
You probably have this link, if not a good starting place;
biz.yahoo.com
Happy Hunting, Carl



To: C Wright who wrote (4689)11/8/1997 7:20:00 PM
From: HeyRainier  Respond to of 9262
 
[ Gold ] Hi Carol,

I'm sorry it has taken so long for me to follow up on the gold matter. I consulted with one professor regarding the weakness in gold despite the world-wide equities market turmoil we recently experienced, and it appears that his conclusion was similar to that of other comments made on the WSJ regarding the baffling reactions: selling pressure from Switzerland is threatening to increase the supply of gold relative to current demand levels, which points to the weakness experienced.
What the money found instead was a safe haven in the US bond market.

An Aside:

How about the record low inflation levels the US is currently experiencing? As a personal observation, the labor markets seem unusually tight, and I read almost regularly from local and national papers about the increased willingness of companies to lure talent with higher salaries...which, if prices remained fixed(due to competitive pressures), would squeeze margins.

This is a broad generalization, but one of two things have to give: 1) wage levels must increase, or 2) prices must increase if corporations wish to maintain their current level of profitability(and plus, they could always expand market share). If they don't do that, they miss earnings estimates, and the stock goes down. If 1) or 2) move up, then the bond market takes a beating, and stocks go down. Right now, the only thing holding up the bond market is the near term uncertainty caused by Asian markets. I suspect a renewal of stability might prove detrimental to the US stock and bond markets.

Regards,

Rainier