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To: John Pitera who wrote (56152)	8/12/1999 8:39:00 AM
From: pater tenebrarum	Read Replies (1) of 86076

John, i agree that these companies are more 'worthy' investments at this point than the nutz. still, the advance in their stock prices has been enormous in a very short time; i would argue that some retracement of these excesses would be healthy. btw, what is your short term view of the market? do you think we have seen the lows for quite some time, or do you still give some credence to the views of Prechter and Crawford who look for a much more pronounced decline in the near future? hb

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