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To: Lucretius who wrote (67892)10/11/1999 4:17:00 PM
From: JHR  Read Replies (1) | Respond to of 86076
 
Just caught a little of this morning on CNBC this AM before going golfing and they were having an intelligent discussion for a change on what effect the rising market has had on stocks like GE and IBM that dont have to fund their pension funds because of bloated stock evaluations. Sounded like instead of 18% growth for GE it would have been more like 5%. It'll be interesting to see what happens if stocks go down and not only does the savings go to the bottom line but they have to make up the deficit. Sounds like a double hit.