Re: [CANSLIM] Worley's Weekend Weeview - dedicated to Cassie

From: "Charles Bentley" <chuckb@LinuxTX.COM>
Subject: Re: [CANSLIM] Worley's Weekend Weeview - dedicated to Cassie
Date: Sat, 16 Mar 2002 16:35:24 -600

Next Article (by Author): [CANSLIM] Intro: Charles Moore Chazmoore@aol.com
Next in Thread: RE: [CANSLIM] Worley's Weekend Weeview - dedicated to Cassie "Fred Richards"
Articles sorted by: [Date] [Author] [Subject]

Tom,

Since you are now providing an Economic picture in your weekly
analysis, perhaps you can answer a question I have.

In listening to the remarks of Bill Gates, Mr. Buffet and Mr Imelt
from GE among others, they do not see a robust rebound coming
and are not spending money gearing up for it. In addition, corporate
insider activity (called smart money) from what I've been able to find
out, is selling. They're selling personal stock and selling stock for
the company to raise money. In addition, in an unprecidented time
of low interest rates, they arn't raising money. This doesn't sound
like they're preparing for an economic rebound.

On the other hand the financial markets are predicting a robust
rebound (as you stated in your recent newsletter).

Now here's my confusion. The Analysists are looking at the
markets as self validating. Meaning that the higher that the market
goes, the more likely it is that consumer spending will pickup and
force the corporations to borrow and expand. The executives from
many companies are telling us that they don't see positive signs for
doing this. Mr Greenspans response about a question concerning
this last week at the Senate Banking Committee was that perhaps
Mr. Gates and Mr. Imelt are too close to be able to see the broad
picture. EXCUSE ME? Am I just dense here? To me that doesn't
make any sense at all. I doubt that Mr Gates and Mr Imelt got
where they are without being able to see the broad picture.

Please help me......

=====================================
Third Coast Telecom        (713) 827-8133
5644 Westheimer, #222
Houston, TX 77056

- -
- -To subscribe/unsubscribe, email "majordomo@xmission.com"
- -In the email body, write "subscribe canslim" or
- -"unsubscribe canslim".  Do not use quotes in your email.

Go to Jeff Salisbury LWGate Home Page.