Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : A Rate Cut...Would It Help? -- Ignore unavailable to you. Want to Upgrade?

To: yard_man who wrote (11)	9/25/1998 6:36:00 PM
From: Les H	Respond to of 14

I've looked at the earnings estimates for 1999 for those companies in the past several weeks. The growth is definitely slowing. They had two housing sales reports, one for new homes and one for resales, both of which showed declines. I've also looked at the furniture stocks and they are also showing big declines in stock prices and earnings. I don't know if the Clinton impeachment stuff has impacted consumer confidence but the big-ticket purchases are off. So, yes. The stock prices are reflecting slowing of growth in these sectors.