Cousins' third-quarter results ranks the firm as one of thestrongest in the world of REITs. Post will announce its resultsnext week but has already warned it will come in well belowexpectations.
In fact, in early October, Post's chairman/CEO John Williamsdisclosed the company has pulled out of some 50% of its planneddevelopments because of a predicted economic slowdown.
Cousins, however, is another tale. For the third quarter,Cousins reported FFO per share increased 17% to 49 cents per sharecompared to 42 cents per share for the same quarter in 1999. FFOincreased 18% to $24.6 million during the quarter from $20 milliona year ago.
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