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To: John F. Dowd who wrote (27669)	8/1/1999 10:15:00 PM
From: gao seng	Read Replies (1) \| Respond to of 74651

dood, i especially liked mr. greenjeans remarks about the employees in the steel industry the other day. better for the workers in the long run if you fire them now rather than in 20 years!

To: John F. Dowd who wrote (27669)	8/2/1999 3:19:00 AM
From: ed	Respond to of 74651

The point I am trying to make is it is a terrible thing for those CPQ people to be unemployeed, especially you have kids to feed at home . By hike the rate in a no inflation world , i.e fighting inflation by hiking the rate in a world of no inflation, you actually may damage the ability of US companies to compete in the world market , as you know by hiking the rate , you actually increase the cost of US companies to do business comparing your competitors in the other countries where the rate is not hiked . As a result , the US companies may not be able to sell their products in the other part of the world , and that means workers in the US will lose their jobs.

To: John F. Dowd who wrote (27669)	8/2/1999 10:53:00 AM
From: DownSouth	Read Replies (2) \| Respond to of 74651

OT John and ed, you are blaming AG for CPQ's difficulties? Your conspiracy theories are convenient, but the only conspiracy at CPQ was poor management. It must be difficult of make good investment decisions with these ideas bouncing around in you head. Stick to the facts. CPQ made its own bed. Management is to be blamed for 8000 unemployed. John, you and I have both been through such downsizing, apparently. I never blamed anyone but some Harvard (over) educated, under experienced managers making really stupid decisions for my unemployment.