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To: MythMan who wrote (162340)	4/26/2002 9:49:50 AM
From: Knighty Tin	Respond to of 436258

MM, so, you throw your entire balance sheet into an income statement writeoff in 2001, and there is a bounce in GDP in 2002. What a shock! <g> Also, GDP increased mightily from 1997 until early 2000. Profits did nothing. The govt. is spending on the war, and they weren't last year, hence GDP is up.

To: MythMan who wrote (162340)	4/26/2002 9:56:56 AM
From: Mike M2	Respond to of 436258

MM, much like last Q I would suspect a surge in gov't spending, more consumer excesses and a lower deflator is the primary driver to this " rebound". Companies engage in business to make a profit - until profits recover business investment will lag. Japan had a 3.9% GDP growth quarter in 3Q96- (I think) yet Japan suffers from the bubble excesses of the 80s - TL & EV . mike ho ho ho

To: MythMan who wrote (162340)	4/26/2002 10:29:00 AM
From: Mike M2	Read Replies (2) \| Respond to of 436258

MM, CSCO, EMC,INTC,LU,NT,JNPR,JDSU,GLW,CMGI,GE,WCOM open your eyes tough love is all around. mike ho ho ho