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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED
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To: Jim Willie CB who wrote (51601)5/17/2002 11:35:56 AM
From: Cactus Jack  Read Replies (1) of 65232
 
JW,

<wait until they find out pension funds are not there in future years>

Before we even reach that point, wait until it sinks in that "earnings" for many prominent companies are based largely on the fictitious assumption of 10% annual gains in their pension funds which are "added" to the company's bottom line.

jpgill
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