1
 Many of the nation's highest-ranking executives saluted Friday's market plunge as an overdue comeuppance for speculators and takeover players.
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 Assuming that the market doesn't head into a bottomless free fall, 
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some executives think 
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Friday's action could prove a harbinger of good news 
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-- as a sign 
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that the leveraged buy-out and takeover frenzy of recent years may be abating.
5
elaboration-object-attribute-e

7
 This is a reaction to artificial LBO valuations, rather than to any fundamentals, 
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said John Young, chairman of Hewlett-Packard Co.,
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 whose shares dropped $3.125 to $48.125.
8
elaboration-additional-e

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 If we get rid of a lot of that nonsense, 
11
contingency

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it will be a big plus.
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 A few of the executives here for the fall meeting of the Business Council, a group 
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that meets 
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to discuss national issues, 
13
purpose

15
were only too happy to personalize their criticism.
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Same-Unit

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 People wish 
5013
attribution

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the government would do something about leveraged buy-outs, 
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List

18
do something about takeovers,
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List

19
 do something about Donald Trump, 
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List

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said Rand Araskog, chairman of ITT Corp., 
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whose stock dropped $3.375. 
20
elaboration-additional-e

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Where's the leadership?
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 Where's the guy 
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who can say: 
23
elaboration-object-attribute-e

25
`Enough is enough'? 
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 The executives were remarkably unperturbed by the plunge 
5023
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27
even though it lopped billions of dollars off the value of their companies 
5024
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-- and millions off their personal fortunes.
27
elaboration-additional

29
 I'm not going to worry about one day's decline, 
5025
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30
said Kenneth Olsen, Digital Equipment Corp. president, 
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31
who was leisurely strolling through the bright orange and yellow leaves of the mountains here 
5027
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32
after his company's shares plunged $5.75 to close at $86.50.
31
temporal-after

33
 I didn't bother calling anybody; 
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34
I didn't even turn on TV.
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35
 There hasn't been any fundamental change in the economy, 
5031
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added John Smale, 
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whose Procter & Gamble Co. took an $8.75 slide to close at $120.75.
36
elaboration-additional-e

38
 The fact 
5034
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that this happened two years ago 
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Sequence

40
and there was a recovery 
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Sequence

41
gives people some comfort 
5036
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42
that this won't be a problem. 
41
elaboration-object-attribute-e

43
 Of course, established corporate managements often tend to applaud the setbacks of stock speculators and takeover artists.
5042
span

44
 Indeed, one chief executive 
5040
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who was downright delighted by Friday's events 
44
elaboration-object-attribute-e

46
was Robert Crandall, chairman of AMR Corp., the parent of American Airlines and the target of a takeover offer by Mr. Trump.
5041
Same-Unit

47
 Asked whether Friday's action could help him avoid being Trumped by the New York real estate magnate, 
5045
Question-Answer

48
Mr. Crandall smiled broadly 
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List

49
and said: 
50
attribution

50
No comment.
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51
 On Friday morning, before the market's sell-off, the business leaders issued a report 
5047
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52
predicting the economy would grow at roughly an inflation-adjusted 2% annual rate, through next year, 
5048
Sequence

53
then accelerate anew in 1991.
5048
Sequence

54
 Of the 19 economists 
5051
span

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who worked on the Business Council forecast, 
54
elaboration-object-attribute-e

56
only two projected periods of decline in the nation's output over the next two years, 
5052
Same-Unit

57
and in both instances the declines are too modest 
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to warrant the phrase recession, 
57
consequence-s

59
said Lewis Preston, chairman of J.P. Morgan & Co. and vice chairman of the Business Council.
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attribution

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elaboration-general-specific

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attribution

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elaboration-additional

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explanation-argumentative

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elaboration-object-attribute-e

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multinuc
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multinuc
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attribution

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Contrast

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example

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attribution

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span
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List

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multinuc
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rhetorical-question

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summary-n

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span
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span

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span
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concession

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span

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span
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attribution

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elaboration-additional-e

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Contrast

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multinuc
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elaboration-additional

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List

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attribution

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multinuc
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elaboration-object-attribute-e

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multinuc
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elaboration-additional

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span
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span
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List

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multinuc
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example

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multinuc
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Contrast

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List

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multinuc
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Question-Answer

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multinuc
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elaboration-additional

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elaboration-general-specific

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multinuc
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elaboration-object-attribute-e

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multinuc
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elaboration-additional

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span
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span

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span
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interpretation-s

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antithesis

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span



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multinuc
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elaboration-additional

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