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To: Mohan Marette who wrote (134544)	6/25/1999 9:43:00 AM
From: Lee	Read Replies (2) \| Respond to of 176387

Morning Mohan,..Re:. I see 'recession' looming large in somebody's mind,do you see it?<g> LOL! Thanks for the Reuters GDP article. The part I liked best, and also what we have been spouting for awhile is; corporations reaped their biggest profit increase in four years. Big grins - Just watch after next Wednesday, the media and bond market will start worrying about the August meeting. LOL! I think we're only getting a 25bp hike based on Alan's remarks in Congress the other day, and then I think they'll wait until further solid evidence of accelerating demand or prices or wages before they think about the next one. Happy Friday, Lee