Logging has been called North America's most dangerous job. Logging giants throughout Oregon are falling. Two of the biggest--J.M. Browning and Gustafson Logging--are fighting to survive. Jay Browning, usually flush with lucrative deals, is forced to make tough decisions. Gustafson Logging is down but not out. Smaller outfits, like Stump Branch and Pihl, find winning strategies in their young leaders.