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To: James Strauss who wrote (12114)1/30/2003 2:54:40 AM
From: ~digs  Respond to of 13094
 
AOL Posts Nearly $100 Billion Loss
Historic Shortfall Announced as Vice Chairman Ted Turner Decides to Leave Post
washingtonpost.com

--------------------------

the 25 largest losses recorded in billions and the year they were recorded.

1 AOL Time Warner Inc. 98.69, 2002
2 JDS Uniphase Corp 56.12, 2001
3 General Motors Corp 23.50, 1992
4 Lucent Technologies Inc 16.20, 2001
5 NTL Inc 14.24, 2001
6 Verisign Inc 13.36, 2001
7 AT&T CORP 13.08, 2002
8 Tyco International LTD 9.41, 2002
9 Intl Business Machines 8.10, 1993
10 I2 Technologies Inc 7.75, 2001
11 At Home Corp 7.44, 2000
12 Ford Motor Co 7.39, 1992
13 Raytech Corp/de 7.06, 2000
14 CIT Group Inc 6.69, 2002
15 Webmd Corp 6.68, 2001
16 Liberty Media Corp 6.20, 2001
17 Corning Inc 5.49, 2001
18 CMGI Inc 5.49, 2001
19 Level 3 Commun Inc 4.97, 2001
20 PSINET Inc 4.96, 2000
21 Aol Time Warner Inc 4.92, 2001
22 Agere Systems Inc 4.62, 2001
23 UnitedGlobalCom Inc 4.49, 2001
24 TEXACO Inc 4.41, 1987
25 Redback Networks Inc 4.12, 2001
25 Qwest Communication Intl 4.02, 2001

messages.yahoo.com



To: James Strauss who wrote (12114)1/30/2003 1:45:28 PM
From: tsigprofit  Read Replies (1) | Respond to of 13094
 
Growth slows to crawl
money.cnn.com

I think this is the number one issue for most people right now...matt

Growth slows to crawl

Anemic consumer spending sinks broadest measure of U.S. economy; jobless claims jump.
January 30, 2003: 12:19 PM EST

NEW YORK (CNN/Money) - The U.S. economy slowed to a crawl in the fourth quarter of 2002, growing at the weakest pace since the recession of 2001, the government said Thursday.

Gross domestic product (GDP), the broadest measure of the world's largest economy, grew at a 0.7 percent rate in the quarter after growing at a 4 percent rate in the third quarter, the Commerce Department reported. Economists, on average, expected GDP growth of 0.9 percent, according to Briefing.com.

"The Federal Reserve has talked about the economy being in a soft spot -- well, it's really in a soft spot," said Robert Brusca, chief economist at Native American Securities.