Yes, Bob Pittman Is a Pilot

Bob Pittman may be remarkably well suited to pilot AOL Time Warner as well as his own Falcon 20 jet or Bell helicopter (''Show Time!'' Cover Story, Jan. 15). But having lost his right eye in an accident at age six, is he so persuasive that he could pass the vision portion of the Federal Aviation Administration third-class medical exam that requires 20/40 vision corrected or uncorrected in both eyes?

Jim McKeon
Mission Viejo, Calif.

Editor's note: The FAA says it grants medical waivers to pilots who have lost one eye, so long as the other eye has 20/40 vision. Pilots with this disability must demonstrate to the FAA that they can overcome it. Pittman holds a valid ''statement of demonstrated ability,'' a.k.a. a medical waiver.

An Interest-Rate Cut Can't Compare with a Tax Credit

Lowering interest rates will not prevent a possible recession or depression (''The kindest cut of all,'' News: Analysis & Commentary, Jan. 15). More than any tax reduction, a 5% or 10% tax credit on 2000 income, taking effect Apr. 15, 2001, would give an immediate boost to the economy.

Judson H. Spencer
New York

A Republican Divide over Fiscal Policy

Although I'm an unabashed Bush aficionado, do we really need a cut that primarily benefits the already well-off (''Tax cuts: Take Greenspan's advice,'' Editorials, Jan. 15)? I would prefer to see my 15% tax rate contribute to the reduction of the debt load falling on posterity, instead of having it reduced to the 10% proposed by George W.

Fred Kreyenbuhl
Hollister, Calif.

I vote Republican because they support a lack of government intervention. Bush is setting the groundwork for an active, and perhaps abrasive, role in regard to the Fed and is adopting a Keynesian fiscal approach. If this keeps up I might have to start voting Democrat. Ouch! Sorry, scratch that. Maybe Libertarian.

Steve Edmundson
Reno, Nev.

The boom clearly began with Reagan's tax-rate cutting in the early '80s, and faltered briefly under Bush when taxes were raised. Slashing interest rates and dramatically lowering marginal tax rates will again cure the slowdown. It works every time it is tried.

Steven H. Van Wie
Ponte Vedra Beach, Fla.

''Sometimes, Less Is Less'' (Technology & You, Jan. 15, 2001)

In the table accompanying ''Sometimes, less is less'' (Technology & You, Jan. 15), the specifications for the Compaq iPAQ Home Internet Appliance and the Gateway Connected Touch Pad were reversed.

''The Ins and Outs of Cash Flow'' (BusinessWeek Investor, Jan. 22, 2001)

''The Ins and Outs of Cash Flow'' (BusinessWeek Investor, Jan. 22) incorrectly stated that rising receivables and inventories, and falling accounts payable lowered Lucent Technologies' cash by $3.8 billion in the third quarter. Actually, this reduction occurred over the first nine months of the company's fiscal year.