| What I'm saying is, the first tax cut was not very well designed, because it is backloaded. |
| The problem is, the only way they could sign him would be if he accepted an enormously backloaded contract. |
| For a grant this size, you would expect either that the vesting occurs over a considerably longer period or is backloaded. |
| In terms of both shipments and revenues, 2002 will be backloaded to the final two quarters of the year. |
| After all, the largest impact of the backloaded tax cuts will be felt years from now, and there's ample reason to think that late '90s revenue figures aren't good baselines. |
