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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: MythMan who wrote (8760)	10/15/1998 9:42:00 PM
From: Joseph G.	Read Replies (3) \| Respond to of 86076

Basket case? <<Gillette Q3 oper shr dil $0.30 vs $0.38 BOSTON, Oct 15 (Reuters) - (Millions except per share amounts) Three Months Nine Months Ended Ended Sep 30, Sep 30, 1998 1997 1998 1997 Net Sales $2,531 $2,701 $6,881 $7,066 Profit from Operations (a) 40 702 1,069 1,639 Income Before Income Taxes (a) 9 680 998 1,570 Income Taxes (a) 3 243 352 561 Net Income (a) 6 437 646 1,009 Average Number of Common Shares Outstanding: - Basic 1,116 1,120 1,120 1,117 - Assuming Full Dilution 1,143 1,150 1,149 1,148 Net Income Per Common Share (a) - Basic --- .39 .57 .90 - Assuming Full Dilution --- .38 .56 .88 NOTE: (a) 1998 third-quarter and nine-month year-to-date figures include one-time charges for realignment costs, which reduced reported profit from operations and income before income taxes by $535 million, income taxes by $188 million, net income by $347 million, net income per common share, basic, by $0.31 and assuming full dilution, by $0.30. Full name of company is Gillette Co.>>

To: MythMan who wrote (8760)	10/15/1998 10:00:00 PM
From: HH	Respond to of 86076

Some dated opinion from AL. He may be sewing the seeds of his own fears. Greenspan warns of stagflation Jan 1997 The chairman of the US Federal Reserve bank Mr Alan Greenspan yesterday warned western countries not to be complacent over success in reducing inflation, in a speech in Louvain, Belgium. Warning of the dangers of allowing "memories of stagflation in the 1970s" to fade, he said that "impressive success must not make us complacent". Mr Greenspan was attending a ceremony at which he received an honorary university degree for services to world banking and economics. Several factors had caused inflation to fall, he said. Western countries had taken many steps to deregulate markets and increase competition and these measures had also affected the labour and financial markets. Meanwhile, emerging economies in South America and in Asia had become big markets and centres of production. Mr Greenspan also underlined the responsibility of the United States in the international financial system. "Countries whose currencies are widely used internationally, like the United States, have a special responsibility to provide an anchor of stability for themselves and the world at large." - (AFP)