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Non-Tech : WELLS FARGO

WFC 86.89

+0.7%

9:36 AM EST

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To: Barron Von Hymen who wrote (1049)	1/8/1998 11:49:00 AM
From: Jaime H. Ayalde	Read Replies (1) of 1281

<Deflation worries!! > Sooner or later the Inv. Community will realize that deflation worries is not a worry but a real fact. Wholesale prices "Decreased" 1.2% in the last 12 month. In my book that is deflation and should be considered in all investment decisions. As this wave continues the only tool left at the fed is to lower the Fed funds, allowing the rates to continue to drift towards 2-3% Good luck to any one buying WFC in the 300+ range.

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