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To: Bill Harmond who wrote (100011)	4/12/2000 9:27:00 AM
From: Robert Rose	Read Replies (2) \| Respond to of 164684

<I could also be like 1997, when the bottom came in April.> Let's hope so. Otherwise we're in deep doodoo.

To: Bill Harmond who wrote (100011)	8/22/2001 6:53:16 PM
From: craig crawford	Respond to of 164684

Commentary: Where Did All the Profits Go? A lot more small companies were losing big bucks than was thought businessweek.com@@GnRUd2cQb8LKQcA/premium/content/01_35/b3746043.htm One of the marvels of the New Economy in the 1990s was the sustained growth in corporate profits. From 1995 to 2000, earnings per share for the Standard and Poor's 500-stock index rose by almost 50%. The Commerce Dept.'s measure of corporate operating profits told an almost identical story, rising by 41% in the second half of the 1990s. But the truth about profits is turning out to be far less rosy. On July 27, the government's statisticians lowered their estimates of corporate profits for the past three years; for 2000 alone, they sliced a full $70 billion off their 2000 number. Nonfinancial corporations got a major haircut, with estimated profits in 2000 reduced by $81 billion, or 13%. The new data now show virtually no growth in nonfinancial profits from 1995 to the first quarter of 2001.*