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Non-Tech : Mama Bear goes long! -- Ignore unavailable to you. Want to Upgrade?

To: Mama Bear who wrote (63)	8/9/1998 12:47:00 PM
From: Bonnie Bear	Read Replies (1) \| Respond to of 131

Barb: I don't trust the numbers either. The numbers on employment, housing starts and CPI are engineered by Rubin to get the desired numbers needed to justify lowering interest rates. Now this could be because they saw global recession coming a long time ago and were doing what they could to engineer a soft landing, but I find it incredibly distressing that all we get are "adjusted" numbers. The feds are clearly using the tax revenue from the bloated stock market as a get-well plan to balance the budget. I'm concerned that the deficit will vanish in a puff of 1980-style hyperinflation. I don't know about the savings numbers- the average person is spending more than they make, they are net debtors. And there is a huge and growing gap between the rich and poor. Fed numbers say that the average person spends $270 a month on rent and utilities, $150 on food. Hmmm... They have downscaled the definition of poverty to meet their objective. The poor see the scam, they will buy no-money-down houses and fill it with stuff purchased on credit cards, and then file for bankruptcy. Free money. The big banks bundle up all their mounting pile of credit-card debts and write them off or sell them during every merger. No problemo. What a country!

To: Mama Bear who wrote (63)	8/9/1998 6:24:00 PM
From: Scott Moore	Read Replies (1) \| Respond to of 131

Ms. Barb, 2 questions: ------------------------------------------------------------ Is there a Webpage with Barb's picks somewhere? Maybe with Barb's favorite blarney stone to kiss, so maybe a little good luck (sorry, of course, skill) will rub off. What do you think about shorting MANU? Volume is decaying, even though it was larger on Friday's bounce. Bunches of links to investor lawsuit stuff. Zacks looking for a -.01 which I would guess earnings release is the later part of the first week in September. They are only looking for +.05 for the year. And they have slipped in their Zack industry rating from about 185 to 236 out of 405 this year. Haven't really looked at the TA yet, but hard to believe fundamentals are going to reverse in only 1 quarter. Scott