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To: H James Morris who wrote (116774)	2/1/2001 1:03:09 PM
From: Robert Rose	Read Replies (3) \| Respond to of 164684

<Rob, this is just a report, but I hope its wrong.> Why? The stock is up today. (Serious question.) ps. I just bot some yesterday. A real departure from my new economy/interest-bearing instruments strategy. pps. I also bot ene. Any thots on that?? tia....

To: H James Morris who wrote (116774)	2/1/2001 7:00:35 PM
From: LLCF	Respond to of 164684

<>NEW YORK, Feb 1, 2001 (BUSINESS WIRE) -- BusinessWeek has learned that General Electric is planning massive job cuts--on a scale not seen since CEO Welch's early days in the 1980s. Wall Street sources and those close to the company say GE will likely eliminate at least 75,000 jobs--more than 15% of its workforce--during the next two years. And that total doesn't include 28,000 jobs lost in the closing of Montgomery Ward, a subsidiary of GE Capital. > Soon it will be just Jack writing loans and selling poots and it'll be the most productive company in America! -g- DAK