His initial forecast for 1996, made in June, was $175 billion.
It is important to make realistic forecasts about your business' potential.
At the same time, he continued making forecasts of the 2008 Democratic primary elections.
"We are not in a position to make broad forecasts yet," he said.
But he said that it was too early to make firm forecasts about demand.
"It's difficult to make forecasts because new lines of investigation keep on opening up suddenly."
Good shape despite the dire forecasts still being made by much of the business world?
Can we develop techniques for helping people to make better forecasts?
We cannot make forecasts, but in 1991-92 our aid is expected to be about 0.3 per cent.
According to forecasts made at the time of the buyout, that would be in the early 1990's.