CONTACTS 

SUBJECTS
Recession Reduced Earnings Stock Prices Decimated
Steepest Decline for 3rd Quarter Since 1991
Recession Steepest Fall Since 1991

3205 -    ..
3206 - Summary/Objective
3207 -
320701 - Follow up ref SDS A6 0000, ref SDS A3 0000.
320702 -
320703 - Reuters reported today that the US economy for the 3rd quarter
320704 - suffered the worst drop since 1991. ref OF 17 0001
320705 -
320706 - GDP shrank at annual rate of 0.4%. ref OF 17 0003
320707 -
320708 -     On 010819 economists expected economy to recover in 3rd quarter.
320709 -     ref SDS A7 ED6I
320710 -
320711 - Economic activity has been significantly depressed, ref OF 17 F96J,
320712 - following terrorist attacks on 010911 that killed 5,000 people in New
320713 - York and the Pentagon. ref SDS A8 0001
320714 -
320715 -     [On 01102 job losses worst in 2 decades. ref SDS A9 0001
320716 -
320717 - Consumer spending slowed in the July-to-September period, edging up
320718 - 1.2 percent. Business spending on new plants and equipment fell 11.9%,
320719 - continuing a decline over the past three quarters. ref OF 17 F49K
320720 -
320721 - Cross-border trading and domestic transportation were disrupted,
320722 - causing production problems at car plants and other factories.
320723 - ref OF 17 XE4K
320724 -
320725 - People have canceled vacation plans and avoided restaurants and
320726 - shopping malls as they stayed glued to their television sets.
320727 - ref OF 17 6F5F
320728 -
320729 - Increases worry economy is in a recession, following prior reports....
320730 -
320731 -    Too many people having too many problems...001207, ref SDS 89 V54M
320732 -    Productivity falls 1st time in 5 years.....010509, ref SDS 99 0001
320733 -    Labor cost rise steepest in 6 yeas.........010605, ref SDS A0 0001
320734 -    Stock prices fall poor earnings............010705, ref SDS A4 0001
320735 -    Economists fear problems long lasting......010819, ref SDS A7 0001
320736 -
320737 -      [On 020116 letter to DCMA shows evidence of economy imploding
320738 -      under weight of information overload that lacks intelligence.
320739 -      ref SDS B0 0001
320740 -
320741 - This reflects implosion of management described in NWO. ref OF 5 TQ4O
320742 - and ref OF 5 7501
320743 -
320744 - Andy Grove reports in his book Only the Paranoid Survive improving
320745 - management is like walking through the valley of death, reviewed on
320746 - 980307. ref SDS 57 1660
320747 -
320748 -
320749 -
320750 -
320751 -
320752 -
320753 -
320754 -
320755 -
320756 -
320757 -
3208 -