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To: Elwood P. Dowd who wrote (89447)2/1/2001 11:23:02 PM
From: Captain Jack  Respond to of 97611
 
El-- ~~OT~~ recd this in my email today from cnn & thought this was on target,,
Money Mail for Thursday, February 1.

THE BUZZ AT THE BELL
Data released today suggest that the longest economic boom in
U.S. history is now over. The National Association of Purchasing
Management reported that its index of manufacturing activity
fell to 41.2 in January. A reading below 50 indicates that the
manufacturing sector is contracting, and this is the second
month that this index is below 50. A reading below 42.7 generally
corresponds with a contraction in the economy overall. To
be sure, this data is not final proof of the economy's demise,
but today's reading is the lowest since March 1991. This amazing
economic expansion, the envy of the world, began in April, 1991.
If it is now truly over, order a stone: "Here lies the Great
Info-Tech Boom. Born April, 1991. Died of Confusion, January,
2001. R.I.P."