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To: Glenn D. Rudolph who wrote (106455)	7/25/2000 11:47:05 PM
From: Mark Fowler	Respond to of 164684

Agreed! What should we gleen from this? Time to invest in real estate? REITs? << Glenn Reits have been doing well this yr. and what i've heard they should continue to do well. I forgot how long there cycle is ; you'd have to check with your broker about this and what types are best.

To: Glenn D. Rudolph who wrote (106455)	7/26/2000 11:21:53 PM
From: John Chen	Respond to of 164684

Glenn,re:"realEstate...from stock". Pondered to comment on this. What the heck! "It looks eerily so similar to JAPAN 10+ years ago." Here is an isolated incidence, an abnormality in california real-estate market. A friend's agent asked her to lower the sale price (don't know the detail) because no one is looking at her 'prized-real-estate'. She refused and decided to rent it and ride it out. She wants to keep her '33% inflation' of the house instead of .... That's in one year during no-inflation time. I'll take 25% and run. But some people is just smarter, luckier.