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To: NOW who wrote (60206)	1/21/2001 4:50:33 PM
From: patron_anejo_por_favor	Read Replies (2) \| Respond to of 436258

Nice article in by Gretchen MorgensonThe New York Times regarding the various ways falling stock prices will cause corporate earnings to tank this year. Includes all our favorite examples: Losses from corporation's investments in other companies (INTC), losses from poot warrants issued by companies (DELL), vendor financing losses (Sicko), etc. Also has a quote or two from Fleck: nytimes.com

To: NOW who wrote (60206)	1/22/2001 7:38:52 AM
From: flatsville	Read Replies (1) \| Respond to of 436258

well, I tend to agree that the new administration will not likely be less permissive with the green ink, BUT: many republicans may in fact fear of the price they will pay if INFLATION comes back on ThEIR watch: Well, as we know the printing issue is solely in the hands of Uncle Al. But, on another issue I believe the Reps have done a very foolish thing. The Bush tax cut bill will be introduced today per one of the Sunday morning news/politics programs. They're not wasting any time are they? Will this hamstring Uncle Al if he wants to cut rates in Jan? Would GWB have been smarter to wait until after the Jan. FOMC meeting? Uncle Al speaks this Thursday before Congress on the budget. Cutting the deficit is a pet project of his. When Clinton was the new boy in town Uncle Al refused to cut interest rates for Clinton until he raised taxes first. So he did. Uncle Al has told Georgie that paying down the defict is a priority. So what does Georgie do first day on the job?...Ho, ho, ho... As I said, the boyz begin their training under the gentle hand of Uncle Al this a.m. Watch Uncle Al send a message to these punks this Thursday.