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To: Piotr Koziol who wrote (78770)	2/27/2000 8:54:00 PM
From: Loki	Read Replies (1) \| Respond to of 97611

Piotr Koziol...If the stocks in the market were to be graphed, imagine a pyramid. The speculative stocks at the top of the pyramid. The base of the pyramid (much wider) are the companies that represent acceptable P/E companies that have been the traditional base for the economy. Are you suggesting that AG will choose to affect the base and traditional foundation (of the economy)in order to influence the very speculative tip (of the pyramid)? If that is true...then I surely do not understand the strategy. (at this point) What is the historical trend of the spread between interest rates and inflation? Loki