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To: PaulM who wrote (31099)4/2/1999 9:04:00 PM
From: long-gone  Respond to of 116762
 
<<Economy Strong, But Aftertax Profits Fall in 1998

"...first year-over-year falloff in profits in nine years...">>

Yes, profits are falling AND someone should note Warren Buffett & the head of the SEC say many are out there "cooking the books" to back into these lower numbers!!!!!!!!!

How can anyone justify these valuations when profits are DOWN year over year, and some of those profit numbers are "funny". - I bet no one will be laughing soon, even though numbers are "funny"!!!!!!!