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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: Nancy who wrote (51732)9/7/1998 8:20:00 PM
From: MonsieurGonzo  Read Replies (2) | Respond to of 58727
 
Nancy; RE:" GE @ 60 :-() munch, munch! "

>what ADR's you are holding ? would you mind to share ?

pas de tout - TechStocks (in addition to EuroWEBs) -

Germany - SAP

France - FTE

Sweden - ERICY

Finland - NOK.A

>I believe AG just jawboning again, this time to calm the market. If you read the full text carefully, AG still thinks the stock market prices too high because the earning growth is not there. He does worry about the "negative wealth effect" - consumer spending accounts for over 1/3 of our GDP here.

Indeed so. In the absence of kapital spending to increase capacities (and lower costs via economy of scale), which we have endured for a little over a year - should you lose your RLX.X - Retail sector growth as a result of lower (or unwilling) disposable income... we're talking serious economic consequences, world-wide.

Ironically, the lower USDollar appears to bump up most commodities, which tend to be traded in dollar terms. If this persists, affecting gross margins, the only way to improve profitability, since "expansion" is no answer in the face of surplus, regardless how low interest rates get: is to lower labour costs; ie., dis-employment. Then quantity of / willingness to dispose income takes a hit... and I don't like to think about it, grrrl !

-Steve