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To: J. P. who wrote (30389)	4/5/1999 7:21:00 PM
From: NickSE	Read Replies (3) of 86076

Negative earnings growth is good for the market...yeah...that's the ticket...we can easily reach Dow 11k on this bullish news...going up...http://www.dailywav.com/049922/livevan.wav Profits for Fortune 500 Firms Dip newsday.com NEW YORK (AP) -- Profits at the Fortune 500 companies declined for the first time in seven years in 1998 as U.S. companies suffered the effects of the economic crisis in Asia, Russia and Latin America. Overall, profits for the 500 fell 1.8 percent last year, compared to 7.8 percent earnings growth in 1997, according to Fortune magazine's annual listing of the largest U.S. public companies, released Monday.

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