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To: hpeace who wrote (26695)	1/1/1998 9:54:00 PM
From: Jim Patterson	Read Replies (1) \| Respond to of 176387

re: okay, you don't know . That is very intresting and a point that I have not seen before. how long will companies shift expences arround like that in a deflationary environment ? Companies are cutting costs, This is good because of depretiation, but when EPS are on the line, not spending the money at all may become an alternative. This also is a one time event. When this bennifit has worked its way through, It could have some backlash. Granted this coment is pritty weak. Jim