If we can recognize that change and uncertainty are basic principles, we can greet the future and the transformation we are undergoing with the understanding that we do not know enough to be pessimistic.

With so much uncertainty about the eventual positioning/future of Liz Claiborne's department store partners (former May Department Stores door closures, potential spin-offs of Saks Fifth Avenue and Lord & Taylor, repositioning of Sears), we would not be surprised to see Liz Claiborne management take a cautious approach to 2006 guidance.

There has been three years of uncertainty and we are now looking forward to a stable future.

It doesn't take a genius to pump up the GNP [of a developing country] by burning down rainforests, using slave labor and social repression to keep things in place.

Our imaginary monsters scare us the most....jh

Uncertainty about the future can be eliminated by deciding to go with the flow.