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To: Lucretius who wrote (58042)	1/16/2001 8:02:55 AM
From: jj_	Respond to of 436258

interactive.wsj.com@1.cgi?johnsto1/text/autowire/data/BT-CO-20010116-001302.djml/&d2hconverter=display-d2h&NVP=&template=atlas-srch-searchrecent-nf.tmpl&form=atlas-srch-searchrecent-nf.html&from-and=AND&to-and=AND&sort=Article-Doc-Date+desc&qand=&bool_query=bac&dbname=%26name1%3Ddbname%26name2%3Ddbname%26name3%3Ddbname%26period%3D%3A720&location=article&HI= excerpt BAC... Here's an event that may deliver a gut-punch to equities this morning before they even get out of the box. Before stocks open, Bank of America (BAC) is scheduled to release results for the quarter ended Dec. 31, 2000. For weeks now, rumors have swirled around that Bank of America was in trouble for purported reasons we needn't go into here. The bank, more than once, has responded to the rumors with the equivalent of "malarkey." We shall soon see. Thanks for the heads-up to my Dow Jones Newswires colleague, Colin Kellaher. Ratiocination Of Sorts "How can we rationalize an index (Nasdaq Composite) trading at 101 times earnings when the majority of its bellwether companies are now only growing at a mid-single-digit rate?"