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To: Mohan Marette who wrote (71526)	10/12/1998 4:12:00 PM
From: Lee	Read Replies (2) \| Respond to of 176387

Hi Mohan,.. Re: Earnings du jour Thanks for the note. You'd never know anybody was doing well if you listened to the media. They (CNBC) did have Wayne Angell on this morning who essentially said he estimates the chance for a recession next year at 2% max. But then they had a CIGNA guy on who said that we're going to have a recession because of overcapacity, etc. But they seem to want to concentrate on the negatives. <VBG> Regards, Lee EDIT - Plus they constantly bring up the JP Morgan forecast of a recession.