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To: long-gone who wrote (61095)	11/15/2000 8:35:45 AM
From: Herb Duncan	Respond to of 116762

Good question, lumber prices will over the short term rise and fall with the normal supply demand, however over the longer term prices will go up. Not because of inflation but on balance we are consuming faster than the rate of replacement.

To: long-gone who wrote (61095)	11/15/2000 10:52:00 AM
From: Ahda	Read Replies (2) \| Respond to of 116762

Soft landings and harder to get loans make all those bank presidents of new age feel pretty old right now worry takes it toll. Web sites now desert sites which affects the peers they order from. The environment should loosen up in the employment market soon. As we import i don't visualize cost going down on imports as there has been growth in Asia tho i have concern about softbank. There has been no price reduction where i reside in food gas or housing yet. I keep thinking about the executives who crawled on to dot com mania i wonder how they are doing? Hopefully they have some close banker friends. Bank of America Warns of High Charge-Offs NEW YORK (Reuters) - Bank of America Corp. (NYSE:BAC - news), the parent of the biggest U.S. bank, said its charge-offs for bad loans in the fourth quarter could be more than double third-quarter levels, after it classified a large loan to an unnamed consumer services company as problematic in November. The bank also said Tuesday in a regulatory filing to the Securities and Exchange Commission (news - web sites) that it expects about $100 million in charge-offs in its consumer portfolio, mostly within the consumer finance segment, in the fourth quarter. Charge-offs are loans that U.S. banks treat as a loss. Charlotte, N.C.-based Bank of America joins two other large U.S. banks -- First Union Corp. (NYSE:FTU - news), and Bank of New York Co. Inc. (NYSE:BK - news) -- in raising a red flag about potential loan losses in the fourth quarter.