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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Roger A. Babb who wrote (15438)	11/13/1998 12:28:00 AM
From: BDR	Read Replies (1) \| Respond to of 18691

Third Quarter Profits Worst Since 1995 NEW YORK--(BUSINESS WIRE)--Nov. 12, 1998--Asia's woes -- and resulting cheap imports and lost sales -- dragged U.S. profits down further in the Third Quarter. Profits for the 900 companies on Business Week's Corporate Scoreboard dropped 4% in the third quarter from a year earlier, on a 7% sales rise. It marks the worst performance since the final three months of 1995. The big winners: retailing and computer software and services. The big losers: Cars and trucks, and goal, oil, and gas.