whining in the JOURNAL pushes any recovery into the distant and cloudy future! Wasn't his conference call with the attendant plunge it sparked enough for us longs for a while? S's late day surge was indicative of nothing!
Possibly true, however I do believe he is being more realistic than Arthur. He also maybe setting the stage for a hefty charge to the reserve for restructuring in 2001. He has a monumental task ahead. Not a rosy picture for the near term. Don't you just wonder why Arthur took an early retirement? Could it be he read the hand writing on the wall?