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To: R F Phillips who wrote (3042)3/1/1998 11:24:00 AM
From: chaz  Read Replies (2) | Respond to of 7111
 
RF: I missed the IBD New America article you mentioned. Can you recall it's date so I (we) can go back to it. Thanks. Chaz.



To: R F Phillips who wrote (3042)3/1/1998 11:30:00 AM
From: Clayleas  Respond to of 7111
 
One other difference this time around (and in my book this is the key):

While we have had a run up to earnings as in past quarters, the run up this quarter has been from lower levels and the current price is only at the same level as we saw when earnings were announced last quarter. We have not seen the progressive quarter to quarter price increase that we have seen in the past. IMO, if we get the big earnings increase (year to year) that we are all expecting, then we've got some catching up to do.

Good luck to all,

Jim