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To: Snowshoe who wrote (34949)1/13/1999 6:26:00 AM
From: BigBull  Read Replies (2) | Respond to of 95453
 
Greg M.: Thanks for posting that gloom and doom article. Good Lord, listen to this guy:

''We feel we continue to witness the death spiral in the industry, and earnings will be sharply below expectations, which will reduce cash flow, leading to draconian cuts in capital spending and reduced production. And so it goes on,'' said Deutsche Bank analyst Michael Young.

"DEATH SPIRAL"
"DRACONIAN CUTS"

That's even better than "The Death of Stocks"! It don't get any better. Too bad that joker don't write copy for Time magazine. Makes me ferociously bullish!



To: Snowshoe who wrote (34949)1/13/1999 8:37:00 AM
From: Denice  Read Replies (2) | Respond to of 95453
 
Looks like another buying opportunity. I hope to establish a trading position if we head down. I plan to hold tight to my core holdings. Good luck all.

Denice


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