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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?

To: Trebor who wrote (6456)	8/5/1998 7:46:00 PM
From: Kirk ©	Read Replies (4) \| Respond to of 42834

My only comment on farmers was -> They overproduce and the government steps in and buys up their surplus so they don't have to take a loss... -> Compaq overproduces more old PCs than the market wants at the price they need to make a profit and HWP, Compaq, and many other PC investors pay the price for Compaq's mistake. The more nimble ones like Dell do much better. It feels to me like I pay when the farmers goof (as a taxpayer) AND I get to pay when the companies I own stock in goof. Doesn't seem fair. Can you tell me again why agribusiness is more important than high tech and deserves government protection? regards Kirk out

To: Trebor who wrote (6456)	8/6/1998 4:55:00 PM
From: Wally Mastroly	Read Replies (1) \| Respond to of 42834

More bad news from the southeast Asian front- biz.yahoo.com >Indonesia in danger of collapse< Hope Bob gives updates his take on the current Asian situation. On a more upbeat note, the Russell 2000 Small Cap Index finished up for a change (about 2 %). quote.yahoo.com^rut&d=b

To: Trebor who wrote (6456)	8/7/1998 11:38:00 AM
From: j lawrence	Respond to of 42834

>>Nobody is paying any attention but what's happening down on the farm these days is downright scary. Grain and cotton prices are way below the cost of production and they are predicting a massive grain glut come this fall, along with farmer bankruptcies and bad times for ag-reliant industries (machinery, chemicals, banks making ag loans, etc.) << What's new? I may be wrong but I believe that you could have posted that message anytime in the last five years. Even if food prices would increase, I do not believe that you would see much in the way of increased producer prices. I have a number of family members who operate dairy operations in central Ohio. If any of their children even mention an interest in farming, I strongly discourage it. After all, in most cases, they would do better working at McDonald's which in the area is beginning to offer full medical and 401k benefits for hourly workers. I do not believe that you will see a great number of farm bankruptcies. Most of the farmers that I interact with are winding down their operations and have not made the investments in large capital equipment over the years. Most are buying older machinery from retirement sales. Even if Billy was not dominating the headlines, I doubt if there would be interest in rural issues ... except for an occasional Friday night Nightline.