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Strategies & Market Trends : Roger's 1997 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: hasbeen101 who wrote (8088)	12/10/1997 9:47:00 AM
From: Ricardo A. Biondi	Read Replies (1) \| Respond to of 9285

To All: VVUS down 8 points. Best Regards. RB.

To: hasbeen101 who wrote (8088)	12/10/1997 12:05:00 PM
From: Bearded One	Read Replies (3) \| Respond to of 9285

Inflation does not cancel out Deflation!! It's like saying if you get punched with a left hook, and punched with a right hook, that you don't move. Actually, you collapse to the floor. It depends on what's inflating and what is deflating. For example, today we may have wage inflation + price deflation. As company labor costs go up and they can't sell their products for any more money, their earnings will shrink, perhaps drastically. That's what I see happening in the tech sector, at least.