"All those reports pointed out there was good reason to beoptimisticaboutthefuture and their faith is being borne out by the improvement in our performance, " he said.
But whereas he was concerned aboutthefuture of the oceans that are so important to his country, he also said there were reasons to beoptimisticaboutthefuture.
This may lead them to be less optimisticaboutthe likely returns available from future investment, which bodes ill for a swift end to the slump in capital spending.
What makes me optimisticaboutthefuture is that we have not even begun to scratch the surface of all that can be accomplished by actually applying information technology pervasively.