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To: Don Green who wrote (25672)	7/25/1999 3:15:00 PM
From: Zeev Hed	Respond to of 93625

Don, you are absolutely correct, but just as we have in this country a big gang of "money managers" that have not known the bear market of 69' to 74', the stagnation between 66 to 82 (16 years in which the market was locked between 500 and 1000 on the Dow), and even some that have not lived through the one day shave of 15% in 1987, they have their new Samorai's as well, and I think that my assumption of 2% per year of the postal going into the "liquidity pool" is actually quite "conservative". Zeev