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To: limtex who wrote (18420)	1/24/2001 9:35:15 AM
From: Zeev Hed	Respond to of 60323

Limtex, it has nothing to do with the SNDK, it has to do with the market and the economic uncertainties that may lay ahead. A lot depends on how aggressive the Feds are going to be and to what extent that will get the economy running again. I think that unlike in 1998, when the fed decided to nominate the US as the "demand of last resort" country, now, with balance of payments deficits running at 4% of GDP (then the "run rate was "only" 1.5% to 2%), the feds may not have that luxury again. Zeev