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To: hlpinout who wrote (89629)	2/11/2001 6:45:30 PM
From: Captain Jack	Respond to of 97611

Hedging-- O'Neill says US economy can grow 3% to 4% without boosting inflation Washington--Feb. 9--U.S. economic growth is currently in a "narrow band" between plus and minus 0.5%, but it can expand by 3.0-4.0% without boosting inflation, Treasury Secretary Paul O'Neill said Friday. He also said President Bush's proposed $1.6-trillion tax cut would, if enacted, help prompt a consumer-led expansion. ( Story .13233 ) US manufacturing, retail sales upturn could cheer Fed Washington--Feb. 11--Slight improvements in U.S. manufacturing and retail sales since the beginning of the year could make Federal Reserve Chairman Alan Greenspan somewhat more optimistic at his upcoming Senate testimony on Feb. 13, the Washington Post reported in its Sunday edition. ( Story .10702 ) AND not enough to make IBM turn into the bargain I hoped.......... IBM says its German subsidiary built Holocaust adding machines San Francisco--Feb. 11--IBM (US;IBM) acknowledged it's German subsidiary provided the Nazis with a tabulation machine used in their administration of the Holocaust, according to a statement the company made to its employees. The company also told its employees the fact that the IBM "Hollerith" machine, an early precursor to the personal computer, has been long known to Holocaust researchers and authorities. ( Story .11428 )

To: hlpinout who wrote (89629)	2/11/2001 9:31:16 PM
From: Andreas	Respond to of 97611

Chu doesn't know his butt end from a hole in the ground! Hlpinout; thanks for the reminder of previous statements concerning this subject. In light of Chu's more recent article concerning Dell revenue numbers per employee I am not particularly concerned about what this moron Chu has or doesn't have to say. His credibility is zero in my books. There is certainly no mystery about raising profitablility without raising sales. It's called product mix! If you replace a dollar of sales from a product with zero, or worse yet a negative gross profit margin, with a dollar of sales from a product with a higher gross profit margin then net income will increase. Big deal!! Why Chu would be perplexed by that is a mystery. I hope those reading this latest statement from Capellas do so in the context of his earlier statements on this subject.