Greenspan is raising rates, and he is targeting the consumer. This is a natural reflection of what is happening out there.

We can not ignore that there are price pressures in the PC, that is sort of a foregone conclusion, everybody has been seeing it.

I would be very surprised to see this spill over for a prolonged period of time.

We ran the numbers, and that was it, ... Consumer advocates would scream, but it wouldn't serve anyone if Commonwealth Edison went bankrupt.

For (the fourth) quarter, there's just nothing to get excited about. Now, the question is: Where do the companies see things going?

It's going to take a turnaround in the earnings picture, ... I think the upside begins when we get our next rate cut.