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To: Jim Willie CB who wrote (12382)	4/6/2001 4:59:21 PM
From: pbull	Respond to of 13572

Fleck said a couple weeks ago he wished the market was only open 1 day a month because of days like yesterday (big one-day gains). As far as single-digit large-cap tech stocks, why stop there? We're seeing some household-name issues that very well could go below 3, if not zero. No need to name names; they're in the news headlines. PB

To: Jim Willie CB who wrote (12382)	4/7/2001 1:50:26 AM
From: Boplicity	Read Replies (2) \| Respond to of 13572

The below news story is so sobering. You would have to be brain not to realize it's going to get worse before it gets better. Also look at the rev. numbers. And to think CSCO was worth more then GE at one time. <<Jack Welch sees more layoffs at GE NEW YORK, April 6 (Reuters) - General Electric Co.'s <GE.N> outgoing chairman and chief executive Jack Welch sees layoffs on the horizon at the corporate giant, and warned that the weakening economy has yet to be hit by the recent wave of job cuts, he said in a television interview that aired on Friday. "The unemployment rate is still running in the low fours, and yet what do you pick up the paper and read every day: layoffs, layoffs, layoffs," he said in an interview on cable news network CNBC. "And that hasn't hit yet." Asked if GE has seen the end of layoffs, he said, "There's no way that's true." "We got more layoffs from integration ... when we close Honeywell," he said, referring to the company's pending acquisition of the diversified manufacturer <HON.N>. "We have layoffs from the economy in many of our short-cycle businesses, and we have layoffs from improvements in digitization." Welch also said he expects the Honeywell acquisition to close soon, possibly within the next two weeks. He also said General Electric would post revenues of more than $140 billion for the year, before the Honeywell merger. Welch's comments to CNBC were made prior to Friday's release of U.S. unemployment figures for March, which showed unemployment rising to 4.3 percent, from 4.2 percent. A total 86,000 jobs were lost in March, the sharpest reduction since 1991. >> Greg