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To: Les H who wrote (91568)	4/8/2001 9:14:06 PM
From: stomper	Read Replies (1) \| Respond to of 436258

I'm still dumbfounded by Welch's statement (which I've heard several people bring up this weekend) that GE expects to deliver double digit revenue growth under "any economic circumstances". What does he have to lose by saying it I suppose. -dave

To: Les H who wrote (91568)	4/8/2001 10:32:05 PM
From: Les H	Read Replies (2) \| Respond to of 436258

bandwidth glut threatens future of fiber optic firms miami.com what difference does it make what welch said? he isn't talking about internal revenue growth. all he needs is a bear market to buy companies on the cheap, write off well beyond what's resonable, and add it on revenue and 'earnings' after the mergers. if the japanese companies don't have to come clean after more than ten years, i don't expect american accounting to be any better.