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Non-Tech : Wal-Mart -- Ignore unavailable to you. Want to Upgrade?

To: Terror who wrote (528)	11/24/1998 1:03:00 PM
From: James C. Mc Gowan	Read Replies (1) \| Respond to of 1166

Marcie Mc Govern: today the Conference Board released the latest Consumer Confidence #'s; reported that their measure had jumped by either 11 points or 11 %(I didn't catch the scale on TV report); a very large recovery from Octobers market related dip. Also they have a study which asks shoppers periodically how much money they plan to spend on Christmas shopping; this year the dollar amount is up substantially, according to Delos Smith, the Board's spokesperson. He seemed to be VERY pleased with recent developments, as per the market recovery, IMF/Brazil, Japan bank reform/bailout, et al. especially as it would impact this Christmas' shopping trends. We all know where America will be spending those additional dollars this season. WMT is up 90% already this year, but if rally continues, maybe we'll see $85/share, unless this is a double top on Dow. Regards, JCM