Go to Jeff Salisbury LWGate Home Page.From: "Logan, Scott L." <slogan@gosafeguard.com>
Subject: RE: [CANSLIM] Worley's Weekend Weeview
Date: Tue, 8 Oct 2002 15:55:58 -0500
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Rocky,
Thank you for your comments.
My father has been in the transportation industry( trucking ) for 30 years.
I have listened to many accounts of manufacturing facilities that were once
shipping freight locally here in Texas move out of the country, or just go
belly up not being able to match foreign prices( China, and Mexico in
particular).
The unions are just tightening the noose around their own necks.
Scott
- -----Original Message-----
From: Rocky Sanghvi [mailto:rs@mylodestar.com]
Sent: Tuesday, October 08, 2002 3:44 PM
To: canslim@lists.xmission.com
Subject: RE: [CANSLIM] Worley's Weekend Weeview
Scott,
I work extensively with Manufacturing companies throughout the country and I
completely agree with your comments.
One of the lessons coming home to roost is that you cant have an economy
based entirely on the Service sector. A society has to MAKE something
tangible to have a thriving economy.
Rocky
- -----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com] On Behalf Of Logan, Scott L.
Sent: Tuesday, October 08, 2002 4:08 PM
To: 'canslim@lists.xmission.com'
Subject: RE: [CANSLIM] Worley's Weekend Weeview
I don't think the American public has realized the effects of losing our
manufacturing jobs. Thousands of good paying blue collar jobs are
disappearing from our landscape. But I like most everyone else enjoy the low
cost goods that American factories( and Unions ) have priced themselves out
of.
- -----Original Message-----
From: Tom Worley [mailto:stkguru@bellsouth.net]
Sent: Sunday, October 06, 2002 10:32 AM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] Worley's Weekend Weeview
ISM (Institute of Supply Management, formerly known as NAPM - Nat'l Assn of
Purchasing Managers) produces two major monthly reports, one on
manufacturing, and one on the service sector. Both reports (indexes)
consist of a number of sub-components, including an employment factor which
is used to measure increase / decrease in actual jobs. Both reports this
week showed that more jobs were being lost in Sept than in Aug, even tho the
service sector report showed a strong gain overall. For some years now, the
manufacturing sector has been losing jobs while the service sector has been
gaining. It's unusual for both to lose jobs, and dovetails with most other
employment data (except for Labor's reports).
here's CNN's version of the report
http://money.cnn.com/2002/10/03/news/economy/ism_services.reut/index.htm
<http://money.cnn.com/2002/10/03/news/economy/ism_services.reut/index.htm>
- ----- Original Message -----
From: Ann <mailto:annholly@attbi.com>
To: canslim@lists.xmission.com <mailto:canslim@lists.xmission.com>
Sent: Sunday, October 06, 2002 11:19 AM
Subject: Re: [CANSLIM] Worley's Weekend Weeview
Tom, can you please explain this paragraph?
Thanks,
Ann
ISM reports that September service sector growth jumped a full 3 percentage
points to 53.9%, eighth straight month of growth, and well over expectations
of a gain to 51.4%. As mentioned above, the rate of layoffs accelerated with
the employment factor down to 46.6% from 47.3%, the 19th straight month of
job losses.
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<DIV><SPAN class=640464520-08102002><FONT face=Arial color=#0000ff
size=2>Rocky,</FONT></SPAN></DIV>
<DIV><SPAN class=640464520-08102002><FONT face=Arial color=#0000ff
size=2> Thank you for your comments. </FONT></SPAN></DIV>
<DIV><SPAN class=640464520-08102002><FONT face=Arial color=#0000ff size=2>My
father has been in the transportation industry( trucking ) for 30 years. I have
listened to many accounts of manufacturing facilities that were once shipping
freight locally here in Texas move out of the country, or just go belly up not
being able to match foreign prices( China, and Mexico in
particular).</FONT></SPAN></DIV>
<DIV><SPAN class=640464520-08102002><FONT face=Arial color=#0000ff
size=2></FONT></SPAN> </DIV>
<DIV><SPAN class=640464520-08102002><FONT face=Arial color=#0000ff size=2>The
unions are just tightening the noose around their own necks.</FONT></SPAN></DIV>
<DIV><SPAN class=640464520-08102002><FONT face=Arial color=#0000ff
size=2></FONT></SPAN> </DIV>
<DIV><SPAN class=640464520-08102002><FONT face=Arial color=#0000ff
size=2></FONT></SPAN> </DIV>
<DIV><SPAN class=640464520-08102002><FONT face=Arial color=#0000ff
size=2>Scott</FONT></SPAN></DIV>
<BLOCKQUOTE dir=ltr style="MARGIN-RIGHT: 0px">
<DIV class=OutlookMessageHeader dir=ltr align=left><FONT face=Tahoma
size=2>-----Original Message-----<BR><B>From:</B> Rocky Sanghvi
[mailto:rs@mylodestar.com]<BR><B>Sent:</B> Tuesday, October 08, 2002 3:44
PM<BR><B>To:</B> canslim@lists.xmission.com<BR><B>Subject:</B> RE: [CANSLIM]
Worley's Weekend Weeview<BR><BR></FONT></DIV>
<DIV class=Section1>
<P class=MsoNormal><FONT face=Arial color=navy size=2><SPAN
style="FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Arial">Scott</SPAN></FONT><FONT
face=Arial color=navy size=2><SPAN
style="FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Arial">,</SPAN></FONT></P>
<P class=MsoNormal><FONT face=Arial color=navy size=2><SPAN
style="FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Arial"></SPAN></FONT> </P>
<P class=MsoNormal><FONT face=Arial color=navy size=2><SPAN
style="FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Arial">I work extensively
with Manufacturing companies throughout the country and I completely agree
with your comments. </SPAN></FONT></P>
<P class=MsoNormal><B><FONT face="Times New Roman" color=navy size=3><SPAN
style="FONT-WEIGHT: bold; FONT-SIZE: 12pt; COLOR: navy">One of the lessons
coming home to roost is that you cant have an economy based entirely on the
Service sector. A society has to MAKE something tangible to have a
thriving economy. </SPAN></FONT></B></P>
<P class=MsoNormal><B><FONT face="Times New Roman" color=navy size=3><SPAN
style="FONT-WEIGHT: bold; FONT-SIZE: 12pt; COLOR: navy"></SPAN></FONT></B> </P>
<P class=MsoNormal><B><FONT face="Times New Roman" color=navy size=3><SPAN
style="FONT-WEIGHT: bold; FONT-SIZE: 12pt; COLOR: navy">Rocky</SPAN></FONT></B></P>
<P class=MsoNormal style="MARGIN-LEFT: 0.5in"><FONT face=Tahoma size=2><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma">-----Original
Message-----<BR><B><SPAN style="FONT-WEIGHT: bold">From:</SPAN></B>
owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]
<B><SPAN style="FONT-WEIGHT: bold">On Behalf Of </SPAN></B></SPAN></FONT><FONT
face=Tahoma size=2><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma">Logan</SPAN></FONT><FONT
face=Tahoma size=2><SPAN style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma">,
</SPAN></FONT><FONT face=Tahoma size=2><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma">Scott</SPAN></FONT><FONT
face=Tahoma size=2><SPAN style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma">
</SPAN></FONT><FONT face=Tahoma size=2><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma">L.</SPAN></FONT><FONT face=Tahoma
size=2><SPAN style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma"><BR><B><SPAN
style="FONT-WEIGHT: bold">Sent:</SPAN></B> Tuesday, October 08, 2002 4:08
PM<BR><B><SPAN style="FONT-WEIGHT: bold">To:</SPAN></B>
'canslim@lists.xmission.com'<BR><B><SPAN
style="FONT-WEIGHT: bold">Subject:</SPAN></B> RE: [CANSLIM] Worley's Weekend
Weeview</SPAN></FONT></P>
<P class=MsoNormal style="MARGIN-LEFT: 0.5in"><FONT face="Times New Roman"
size=3><SPAN style="FONT-SIZE: 12pt"></SPAN></FONT> </P>
<DIV>
<P class=MsoNormal style="MARGIN-LEFT: 0.5in"><FONT face=Arial color=blue
size=2><SPAN style="FONT-SIZE: 10pt; COLOR: blue; FONT-FAMILY: Arial">I don't
think the American public has realized the effects of losing our manufacturing
jobs. Thousands of good paying blue collar jobs are disappearing from our
landscape. But I like most everyone else enjoy the low cost goods that
American factories( and Unions ) have priced themselves out
of.</SPAN></FONT></P></DIV>
<BLOCKQUOTE style="MARGIN-TOP: 5pt; MARGIN-BOTTOM: 5pt; MARGIN-RIGHT: 0in">
<P class=MsoNormal
style="MARGIN-BOTTOM: 12pt; MARGIN-LEFT: 0.5in; MARGIN-RIGHT: 0in"><FONT
face=Tahoma size=2><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma">-----Original
Message-----<BR><B><SPAN style="FONT-WEIGHT: bold">From:</SPAN></B> Tom
Worley [mailto:stkguru@bellsouth.net]<BR><B><SPAN
style="FONT-WEIGHT: bold">Sent:</SPAN></B> Sunday, October 06, 2002 10:32
AM<BR><B><SPAN style="FONT-WEIGHT: bold">To:</SPAN></B>
canslim@lists.xmission.com<BR><B><SPAN
style="FONT-WEIGHT: bold">Subject:</SPAN></B> Re: [CANSLIM] Worley's Weekend
Weeview</SPAN></FONT></P>
<DIV>
<P class=MsoNormal style="MARGIN-LEFT: 0.5in"><FONT face=Arial size=3><SPAN
style="FONT-SIZE: 12pt; FONT-FAMILY: Arial">ISM (Institute of Supply
Management, formerly known as NAPM - Nat'l Assn of Purchasing Managers)
produces two major monthly reports, one on manufacturing, and one on the
service sector. Both reports (indexes) consist of a number of
sub-components, including an employment factor which is used to measure
increase / decrease in actual jobs. Both reports this week showed that
more jobs were being lost in Sept than in Aug, even tho the service sector
report showed a strong gain overall. For some years now, the manufacturing
sector has been losing jobs while the service sector has been gaining. It's
unusual for both to lose jobs, and dovetails with most other employment data
(except for Labor's reports).</SPAN></FONT></P></DIV>
<DIV>
<P class=MsoNormal style="MARGIN-LEFT: 0.5in"><FONT face="Times New Roman"
size=3><SPAN style="FONT-SIZE: 12pt"></SPAN></FONT> </P></DIV>
<DIV>
<P class=MsoNormal style="MARGIN-LEFT: 0.5in"><FONT face=Arial size=3><SPAN
style="FONT-SIZE: 12pt; FONT-FAMILY: Arial">here's CNN's version of the
report</SPAN></FONT></P></DIV>
<DIV>
<P class=MsoNormal style="MARGIN-LEFT: 0.5in"><FONT face=Arial size=3><SPAN
style="FONT-SIZE: 12pt; FONT-FAMILY: Arial"><A
href="http://money.cnn.com/2002/10/03/news/economy/ism_services.reut/index.htm">http://money.cnn.com/2002/10/03/news/economy/ism_services.reut/index.htm</A></SPAN></FONT></P></DIV>
<DIV>
<P class=MsoNormal style="MARGIN-LEFT: 0.5in"><FONT face="Times New Roman"
size=3><SPAN style="FONT-SIZE: 12pt"></SPAN></FONT> </P></DIV>
<DIV>
<P class=MsoNormal style="MARGIN-LEFT: 0.5in"><FONT face=Arial size=2><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">----- Original Message -----
</SPAN></FONT></P>
<DIV style="font-color: black">
<P class=MsoNormal style="BACKGROUND: #e4e4e4; MARGIN-LEFT: 0.5in"><B><FONT
face=Arial size=2><SPAN
style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Arial">From:</SPAN></FONT></B><FONT
face=Arial size=2><SPAN style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"> <A
title=annholly@attbi.com href="mailto:annholly@attbi.com">Ann</A>
</SPAN></FONT></P></DIV>
<DIV>
<P class=MsoNormal style="MARGIN-LEFT: 0.5in"><B><FONT face=Arial
size=2><SPAN
style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Arial">To:</SPAN></FONT></B><FONT
face=Arial size=2><SPAN style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"> <A
title=canslim@lists.xmission.com
href="mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>
</SPAN></FONT></P></DIV>
<DIV>
<P class=MsoNormal style="MARGIN-LEFT: 0.5in"><B><FONT face=Arial
size=2><SPAN
style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Arial">Sent:</SPAN></FONT></B><FONT
face=Arial size=2><SPAN style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"> Sunday,
October 06, 2002 11:19 AM</SPAN></FONT></P></DIV>
<DIV>
<P class=MsoNormal style="MARGIN-LEFT: 0.5in"><B><FONT face=Arial
size=2><SPAN
style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Arial">Subject:</SPAN></FONT></B><FONT
face=Arial size=2><SPAN style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"> Re:
[CANSLIM] Worley's Weekend Weeview</SPAN></FONT></P></DIV></DIV>
<DIV>
<P class=MsoNormal style="MARGIN-LEFT: 0.5in"><FONT face="Times New Roman"
size=3><SPAN style="FONT-SIZE: 12pt"></SPAN></FONT> </P></DIV>
<DIV>
<P class=MsoNormal style="MARGIN-LEFT: 0.5in"><FONT face=Arial size=3><SPAN
style="FONT-SIZE: 12pt; FONT-FAMILY: Arial">Tom, can you please explain this
paragraph?</SPAN></FONT></P></DIV>
<DIV>
<P class=MsoNormal style="MARGIN-LEFT: 0.5in"><FONT face="Times New Roman"
size=3><SPAN style="FONT-SIZE: 12pt"></SPAN></FONT> </P></DIV>
<DIV>
<P class=MsoNormal style="MARGIN-LEFT: 0.5in"><FONT face=Arial size=3><SPAN
style="FONT-SIZE: 12pt; FONT-FAMILY: Arial">Thanks,</SPAN></FONT></P></DIV>
<DIV>
<P class=MsoNormal style="MARGIN-LEFT: 0.5in"><FONT face="Times New Roman"
size=3><SPAN style="FONT-SIZE: 12pt"></SPAN></FONT> </P></DIV>
<DIV>
<P class=MsoNormal style="MARGIN-LEFT: 0.5in"><FONT face=Arial size=3><SPAN
style="FONT-SIZE: 12pt; FONT-FAMILY: Arial">Ann</SPAN></FONT></P></DIV>
<DIV>
<P class=MsoNormal style="MARGIN-LEFT: 0.5in"><FONT face="Times New Roman"
size=3><SPAN style="FONT-SIZE: 12pt"></SPAN></FONT> </P></DIV>
<DIV>
<P class=MsoNormal style="MARGIN-LEFT: 0.5in"><FONT face=Arial size=3><SPAN
style="FONT-SIZE: 12pt; FONT-FAMILY: Arial">ISM reports that September
service sector growth jumped a full 3 percentage points to 53.9%, eighth
straight month of growth, and well over expectations of a gain to 51.4%. As
mentioned above, the rate of layoffs accelerated with the employment factor
down to 46.6% from 47.3%, the 19th straight month of job
losses.</SPAN></FONT></P></DIV>
<DIV>
<P class=MsoNormal style="MARGIN-LEFT: 0.5in"><FONT face="Times New Roman"
size=3><SPAN style="FONT-SIZE: 12pt"></SPAN></FONT> </P></DIV>
<DIV>
<P class=MsoNormal style="MARGIN-LEFT: 0.5in"><FONT face="Times New Roman"
size=3><SPAN
style="FONT-SIZE: 12pt"></SPAN></FONT> </P></DIV></BLOCKQUOTE></DIV></BLOCKQUOTE></BODY></HTML>
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