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To: Zardoz who wrote (52487)	5/9/2000 9:47:00 AM
From: long-gone	Respond to of 116815

these two may have a tie: Edited by Ryan Troup with MoneyNews.com Staff For the story behind the story... Monday May 8, 2000 1:37 PM EST Soros: Euro Will Continue to Slide Billionaire and former macro hedge fund manager, George Soros, told BBC News that Europe's single currency would continue to slide unless the European Central Bank intervened. Mr. Soros said until then the euro is a "one-way bet" and went as far as to say the currency risked "disintegration". He said without central bank intervention the currency could go as low as US$0.80. Mr. Soros did say that the bank had enough reserve to intervene successfully and put a floor under the currency but that the political will wasn't there.(cont) newsmax.com E.U. Says New U.S. Move on Trade Sanctions is "Regrettable" Deutsche Press-Agentur (dpa) May 05, 2000 Brussels (dpa) - The European Union's executive Commission Friday described as "regrettable" new United States' moves to start rotating retaliatory tariffs on European goods in a transatlantic dispute over bananas and hormone-treated beef. "We are in the process of trying to do everything that we can to resolve these disputes," European commission trade spokesman Anthony Gooch said. "We feel the U.S. action rather than helping us will actually fan the flames," he stressed.(cont) newsmax.com

To: Zardoz who wrote (52487)	5/9/2000 9:50:00 AM
From: Rarebird	Read Replies (1) \| Respond to of 116815

Hutch, I'm sure your aware that historically speaking during periods when earnings growth in the S&P 500 exceeded 20 percent, the index has gained only about 1%. The real gains for equities have come when earnings growth is slow or nonexistent.