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To: sammaster who wrote (43900)5/28/1999 3:02:00 PM
From: TheStockFairy  Read Replies (3) | Respond to of 86076
 
Been down that lonely circuit city put road....

Good News for Puts:

DIVIX is a dog.

Carmax loses money.

PC part of their sales (I think it was 25%) was hurting to falling ASPs

Durable good sales were down .8% or some crap according to this morning

Bad News for Puts:

ML had positive comments this week...then...

ML did some fancy thing with it today..something like their "Best of the shit stocks pick of the week"

MSDW or some other pile of dung brokerage house came out with positive comments.

Consumers are spending, spending, spending, spending and spending, so the gains from microwaves and popcorn poppers offset Divix, Carmax and PCs losses.


We all know about lousy analyst upgrades, but those friggin consumers just won't stop going into debt to get new frickin fridges and stereos.

Just an FYI from someone who has gotten kicked in the balls for underestimating the stupidity of the American Consumer.