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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Berney who wrote (28722)	9/24/1998 3:15:00 AM
From: Brad Bolen	Respond to of 94695

I concur. We are very lucky, and I feel privileged, to have such a talented group of individuals who are willing to share their insight on this forum. B.

To: Berney who wrote (28722)	9/24/1998 3:16:00 AM
From: Brad Bolen	Respond to of 94695

Uh Oh... Thursday September 24, 2:04 am Eastern Time Coke hastily calls analyst meeting - NYT NEW YORK, Sept 24 (Reuters) - Coca-Cola Co. executives have summoned Wall Street analysts for a hastily scheduled meeting Friday morning in New York, suggesting that the leading soft-drink company is about to deliver ominous news about earnings, the New York Times reported Thursday. Coke derives most of its fortunes from overseas, where economic crises have ravaged the earnings of many American multinational companies, the report said. The Atlanta-based company declined to comment about the substance of the meeting, other than to call it ''a volume and earnings update for the third quarter and the full year,'' the report said. But it is the first time Coke has organised an analysts' briefing on such short notice -- analysts were called on Tuesday -- and the first briefing since the economic crisis now afflicting Asia, Russia and Latin America began more than a year ago, the report said. Things are already at a relative low point for Coke. Many analysts have already reduced their forecasts for volumes and earnings over the past few weeks, and the share price has plummeted from a mid-July high of $88.938 to $58 at the market's close Wednesday, on a day when the broad market rose more than 3 percent, the report said.

To: Berney who wrote (28722)	9/24/1998 8:53:00 AM
From: James F. Hopkins	Respond to of 94695

Thanx Berney ; That sat link if you hit reload will give a new gif when it comes up, without re-load the browser just brings up the last one in the buffer. Well you likely already know that. Anyway George is still a serious threat to So. Fla, it seems to have slowed down to under 10kts and is tracking WNW , I feel sorry for those Cubans on the shores of that Old Bahama Channel, they must be getting a real beating. Now as for this market I've been short term bullish, but yesterday surprised me some. My bullishness is not because I think the economy is in good shape, it's just that there is money around that don't know where to go I have no idea of how much rally the market can do before it contrasts again. I would be cautious, it over reacts both ways, and the volatility is setting new records, my best guess says we may test the old highs before it's over. By then a new picture should form. I feel a lot of people will see the oil rally and take it as a good sign, but longer term all a rally in oil can do is cripple the emerging countries who are so dependent on it. The oil cartel which is mostly the big conglomerates always find a way to jack oil prices up at the wrong time, I also oppose the AN / BP merger, I don't trust BP at all. You can bet it's the big conglomerates that put the pressure on OPEC to cut production. Rising oil prices don't always come home to bite us until latter but they are like a tax on the world. The idea that they are going to have a big meeting and not talk about fixing prices is a joke. Jim