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To: Berney who wrote (3474)	8/16/1998 4:25:00 PM
From: Jurgen Trautmann	Respond to of 11051

Also P/E's of 20 or more seem to me being a kind of "inflation". <>

To: Berney who wrote (3474)	8/17/1998 4:55:00 AM
From: MonsieurGonzo	Respond to of 11051

Berney; RE:" Trucks " >Last week, as I was rolling down the interstate, I noted that there seemed to be just as many, if not more, trucks on the road. The costs of getting the goods to market has become cheaper with the fall in oil... Maybe its just Houston, I dunno - but 40% of the vehicles here are truck-chassis behemoths (^_^) in stark contrast to the itsy-bitsy, teeny-weeny petite voitures in the EU. Also too, few of the cars/trucks on the road are older than 3 years. It's been booming over here while I was over there, that's for sure. NewsBlurb is that the railroads in SoCal are impacted. I decry the modern usage of the English impact, as in, "how does that impact ______" instead of "how does that affect". Folks, a Sudden Impact is constipation, not collision :-) Anyhoo, the big port at LongBeach is clogged with Asian imports - so much so that the choo-choo cannot remove the stuff fast enough to clear the warehouse holding areas. They're re-routing the container cargo up to Oakland/Portland/Seattle and through the canal to the Gulf Coast ports. Apparently, the railroads are operating under some kind of D.O.T. emergency measure or something; the tide appears to be rising, too, as the Asian imports are gearing up for Christmas early this year. BTW, the container ships going back to Asia, which used to carry scrap iron/aluminium/paper, etc., are mostly empty. -Steve