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Re: Zeev Hed post# 100644

Wednesday, 04/23/2003 6:10:18 PM

Wednesday, April 23, 2003 6:10:18 PM

Post# of 704044
"I believe preliminary GDP figures for first Q should be out by the end of the week, we'll see what they show (though the preliminaries are never very accurate)."
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Zeev...

LOL - you mean the "pro-forma" version, the first report. Yes, it will probably come in around 1-2%, perhaps better than that if massaged enough. But the strength of the quarter was in the first two months, and every one I talk with indicates that the bottom fell out starting in March. That is why I think we probably entered negative growth last month.

mlsoft


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