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To: Walkingshadow who wrote (7161)	12/3/2000 2:30:57 PM
From: Raymond Duray	Read Replies (1) \| Respond to of 13572

Hi WS, Treasuries are looking more enticing all the time.......... Ummm, a closer reading of the currency issues that Chip provided would seem to indicate that relative to American equities, Treasuries would appear a safe harbor. However, one would then question whether the euro might be poised for a rebound from its currently depressed exchange valuation. Perhaps, in fact, going long the Swiss franc might be a better call than U.S. Treasuries. :) Food for thought. Best, Ray