61.   Grano said he made changes to the trading desk because profits are falling.

62.   Houston-based Compaq also said first-quarter profits will fall short of estimates.

63.   Houston-based Compaq Computer said its first-quarter profits would fall below expectations as it slashed prices on certain models.

64.   However, all but Hino forecast profits would fall this year, mainly because of the strong yen.

65.   Household product companies Sunbeam Corp. and Colgate-Palmolive Co. have also warned profits will fall below estimates.

66.   If that happened, interest rates would rise and corporate profits fall.

67.   If left unattended, unemployment can rise and profits can fall much more than necessary.

68.   Imperial Chemical Industries Plc, brewer and hotel operator Bass Plc, electronics maker Siebe Plc and publisher Dorling Kindersley Holdings Plc, have all said profit may fall.

69.   If those trends continue, profits will fall and companies will react by further pushing up prices.

70.   In the five times that profits fell for three quarters and the stock market fell, the market peaked before profits began to fall.