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To: Rarebird who wrote (33821)3/9/2002 9:29:14 PM
From: Joan Osland Graffius  Read Replies (1) | Respond to of 209892
 
Rairbird,

Would like to add to your conjecture of what will cause reality to set in. Wall Street can not ignore corporate performance. It would not surprise me that we will see during one of these confession periods where the large cap CEO's start to seriously talk about declining revenues and earnings. We don't have dividends anymore so cutting dividends is not available to the investor as a signal that things are rotten. With the pressure to get honest with numbers, we should have some CEO's with integrity start to send the message. Warren Buffet's written message today could get the ball rolling.

Joan