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To: Paul Lee who wrote (19691)	8/12/1999 9:39:00 AM
From: patrick tang	Read Replies (1) \| Respond to of 25814

To those who think that this run is long on the tooth: finance.yahoo.com Looking at those 3 yr up/down cycles: Last 3 yrs down cycle $60 to $10 - 85% decrease from top. Last 3 yrs up cycle $3 to $60 - 20X from bottom!!! This up cycle now is not even one yr old and LSI so far less than 6x from bottom. Makes you want to re-think Jock's $160/share doesn't it? Maybe not within one year, but totally possible if upturn lasts 3 years. Or at least make a credible run at it. <OT> Dipy - NO this is not assured nor insured - go buy T-bills or CDs if you want that. patrick

To: Paul Lee who wrote (19691)	8/12/1999 10:00:00 AM
From: ed doell	Respond to of 25814

Uh-oh... Michael Murphy... oft mentioned rally killer speaks again. Ed

To: Paul Lee who wrote (19691)	8/12/1999 10:17:00 AM
From: Jock Hutchinson	Respond to of 25814

Paul: As a rule, I don't have a lot of respect for Harvard dropouts who go on to a career in bank robbery. Accordingly, I don't have that much respect for Mr. Murphy. As to his being a fund manager, there are more yearly funds (revenue) being generated yearly by the average grocery store than there are funds in Mr. Murphy's fund. This is a man who admits to having had a personality breakdown. My contention is that he is still in the throes of such. Am I making myself clear?