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truthpusher Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-24-05 06:14 PM
Original message
Fast food chain stocks slip on mad cow
http://www.montereyherald.com/mld/montereyherald/business/11979767.htm

Fast food chain stocks slip on mad cow
-------------------------------
MIKE COLIAS
Associated Press
-------------------------------
CHICAGO - Many fast food chains saw their stock prices slip in late trading Friday after the U.S. Department of Agriculture reported the second case of mad cow disease in the United States.

The sell-off was not nearly as severe as Dec. 24, 2003, however, when the first case of the brain-wasting mad cow disease sent many restaurant stocks into a tailspin.

On Friday, shares in those companies followed the rest of the market lower and dipped further after the USDA's announcement, which came about 90 minutes before the close of trading.

McDonald's Corp. shares dropped about 1 percent to $28.28, near its low for the day. Wendy's International Inc. closed down less than 1 percent to $46.53 and Outback Steakhouse Inc. dropped nearly 1 percent to close $45.05, a few cents off its Friday low.



complete story: http://www.montereyherald.com/mld/montereyherald/business/11979767.htm
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Sequoia Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-24-05 07:05 PM
Response to Original message
1. You sure post a lot of cool stuff.
Edited on Fri Jun-24-05 07:05 PM by Sequoia
I say that 'cause I recognize your snowflakes on so many. Keep up the good work! I only can login during work, no computer at home, can't afford it. I'm not surprised this news is coming out as I've long suspected we had this in the USA and I can tell you there's propably more. I read a really terrifc book on this about a year or so ago: "How the Cows Turned Mad", by Maxime Schwartz"

Have a good weekend.
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truthpusher Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-24-05 08:00 PM
Response to Reply #1
2. There actually not....
...snowflakes - They are actually water crystals....water crystals affected by different influences....here's a link explaining:

http://www.hado.net/
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Voltaire99 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-24-05 08:06 PM
Response to Original message
3. A terrible crisis for fast food Murrica!
Can we get push throught some federal relief in time to protect the shareholders? Perhaps outsource urban school lunch programs to McDonalds?

Let's show Ronald we care.
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