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To: pater tenebrarum who wrote (51187)	12/26/2000 8:10:38 PM
From: Spekulatius	Read Replies (1) \| Respond to of 436258

"BEGBX should do great throughout January..." BEGBX is basically a speculation on a falling US$. I expect the US$ to reach 1.10-1.15 Euro. The US$ is still by at least 20% overvalued. I agree that we might see a pullback, but why after a rate cut in the US ? Regarding MRK: MRK is a well managed company but their pipeline right now is very thin and they face patent expirations.This was well known a year ago but now its seems forgotten. MRK won't grow fast for the next two years, IMHO.