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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?


To: MythMan who wrote (4020)8/19/1998 8:42:00 AM
From: HH  Read Replies (1) | Respond to of 86076
 
I know, I know..... but look at this, from KO qtr report.

NET CASH FLOW PROVIDED BY OPERATIONS AFTER REINVESTMENT
In the first six months of 1998, net cash flow after reinvestment totaled $869 million, a decrease of
$1,354 million over the comparable period in 1997. Cash provided by operating activities in the first
six months of 1998 amounted to $1,647 million, a $481 million decrease compared to the first six
months of 1997. The decrease was due to the timing of payments of year-end accruals and increases
in various prepaid expenses (net change in operating assets and liabilities).

They shipped 12 % more gallons (hip hip hooray) but for 1 % more
revenues.....
I could stand on the corner and give a million gallons away.

HH



To: MythMan who wrote (4020)8/19/1998 8:59:00 AM
From: yard_man  Read Replies (1) | Respond to of 86076
 
I can wait. Perhaps it'll go to 140, eh? Sure has been somewhat of a laggard and so has the POS despite all the cheerleading.

Good rally to last until Tues or Wed of next week at the most. Today should be a good hard spike up given the foreign PPTs at work overseas and DELL. Enjoy!



To: MythMan who wrote (4020)8/19/1998 9:58:00 AM
From: Defrocked  Read Replies (3) | Respond to of 86076
 
Four reasons to sell this "rally". BWDIK.

(1) Banking risks growing, not shrinking IMHO:

Until the Japanese clean-up their banking problems there will
continue to be an unacceptable level of risk in the international
markets IMHO. The Asian crisis mushroomed from unchecked
credit growth and lack of proper oversight by banking authorities.

Public Radio International reported last night that the Japanese
are focusing on The Long Term Credit Bank, a former top 20 world bank, this week in order to salvage the situation. No wonder that choruses of intervention threats have been heard from the land of the Rising Sun.

(2) Taiwanese selling of big cap techs:
scmp.com

"Some technology companies had not received big
orders as expected, even though the peak season
for the industry was in the offing, said Alex Chan of
HSBC Securities."

(3)Government authorities now "know more" than free markets:
scmp.com

"Officials said they were seeking to squeeze
speculators trying to profit from short selling the
market as the currency was attacked."

(4) Clinton Presidency highly endangered. Just check out editorials of
NY Times, WSJ, Washington Post (the first and last normally liberal)



To: MythMan who wrote (4020)8/19/1998 4:24:00 PM
From: Joseph G.  Respond to of 86076
 
HERSHEY indicator still says market down:
quote.yahoo.com