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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: stockman_scott who wrote (51058)5/7/2002 5:01:31 PM
From: Jim Willie CB  Read Replies (2) | Respond to of 65232
 
"Some may call this a jobless recovery. I call it an efficiency upturn. Businesses have spent the last year restructuring and managing their work forces cautiously. It is paying off."

that sums it up very well
except for the part about no earnings in recovery
and the dollar under severe pressure

the next phase will probably see prevention of eroding earnings from layoffs

/ jim