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To: Robert G. Hanah who wrote (3600)10/13/1998 11:21:00 PM
From: WFHSR  Read Replies (1) | Respond to of 40688
 
The price at this level is way under priced (I feel). The report by Glenn said they had over 2 million companies on PNL. Did he mean companies that have paid their yearly 3 hundred plus dollars, or, are most still in the free trial stage, or, is he speaking about products?

I know one thing, if these companies are on PNL on a trial basis, and only 10% signed up that would be over 100 million dollars is rev.

Thats a healthy company.

WFHSR




To: Robert G. Hanah who wrote (3600)10/14/1998 8:18:00 AM
From: TsioKawe  Respond to of 40688
 
ECONOMIC COMMENTARY 10/12/98  Still Optimistic On A Growth Reversal In 1999
The markets now seem to be shying away from long-dated assets with the long end of the Treasury bond market suffering a sharp reversal last week. Although there are some commentators who think that this signals the beginning of a major domestic economic slump, we are of the opinion that the exaggerated moves seen recently are more of an indication of a lack of liquidity in financial markets. The right policy prescription is still lower rates in Washington and central banks providing more liquidity. The outlook for the U.S. economy appears to have deteriorated, and JP Morgan is now officially forecasting a recession to start early next year. We still believe that the probability of a recession remains very low. Consumer spending is not growing as fast as it did in the first half of the year, but it still appears to be growing around 3.5%, i.e. its trend growth in this cycle. Important Upcoming Data Releases include: Oct 14, Retail Sales; Oct 15, Producer Price Index and Business Inventories; Oct 16, Consumer Price Index and Industrial Production.