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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Katherine Derbyshire who wrote (51746)	9/8/2001 9:51:54 AM
From: michael97123	Read Replies (1) \| Respond to of 70976

If he keeps saying this every day perhaps it will come true. I will keep printing it each time he says it. Saturday September 8, 8:08 am Eastern Time Treasury's O'Neill says U.S. economy recovering SUZHOU, China, Sept 8 (Reuters) - Treasury Secretary Paul O'Neill said on Saturday the U.S. economy was on the road to recovery and he had not been surprised to see the monthly unemployment skip higher in August. ``I think the correction process is going on ... and that we're going to see a return to some much better rate of growth as we go through the year and into next year,'' O'Neill told reporters, suggesting the country was headed back toward a rate of gross domestic product growth above three percent. O'Neill, in China for a meeting of Asia-Pacific finance ministers, said he was not surprised by the jump in the August unemployment rate to 4.9 percent -- the highest in four years -- but said that it was a lagging indicator and that other signs suggested growth ahead. ``None of us like the fact that more people are unemployed,'' O'Neill said. But he said anecdotal evidence of stronger orders and a liquidation of inventories were creating a basis for improved U.S. performance. O'Neill repeated that it was critical for Japan, the world's number two economy which is teetering on the brink of recession, to take action to implement promised reforms aimed at bolstering its sagging growth. ``What (Prime Minister Junichiro) Koizumi and his aides have said they are going to do ... let's get on with it,'' O'Neill said on the sidelines of an Asia Pacific Economic Cooperation finance ministers meeting in the Chinese city of Suzhou. O'Neill said there was no discussion of currency exchange rates on the first day of a two-day APEC meeting, a sensitive subject ahead of his visit to Tokyo next week, when Japanese officials are expected to raise the subject of the weakening dollar.

To: Katherine Derbyshire who wrote (51746)	9/8/2001 10:43:35 PM
From: Paul V.	Read Replies (1) \| Respond to of 70976

Katherine, Gottfrieed, Ttito, Jacob, Brain, and threaders, I was at SAM's Discount today and was speaking with the General Manager regarding MSFT XP after seeing the XP instructiion manual for sale.\. He indicated that they are reading to sell XP as soon as it is released and that they are selling out the current (outdated) computer inventory that they have in stock and not ordering any other old tech computers. He stated that they are ready for the new computers to come into the stores. I assume all these new computers will have XP as the operating systems on these new computer. I expect that XP will set the trend for the tech's to reverse up on the release of XP. SAM's, Wal*Mart, etc. will be spending large amount of money to promote these tech's for the Christmas season. PS All of you should watch the Forbes TV show Sunday morning if it s televised in you time zones. They had tha Fprbes editor on the show who was responsible for the article II internet. Reactions? Just my opinions