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To: Mohan Marette who wrote (94320)2/3/1999 9:12:00 AM
From: Lee  Respond to of 176387
 
Hi Mo,..Re:. U.S Economy> 1998 went out with a bang,1999 looking strong.

Thanks for the IBD article about MSD. It's very impressive to read about his views and management.

Also thanks for the IBD economic article. Great news all around. Also, for the past 2 or 3 years, economists have projected a slowing economy and been wrong on all counts, both about the slowing and about the GDP numbers they estimated. They don't seem to understand that just as MSD's company is constantly evolving and all his efforts are directed towards more and more efficiency, the economy is doing the same thing. The only thing that might spoil the party this year is if a majority of companies can't manage their earnings growth in this excellent environment.

Happy Wednesday,

Lee