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To: Sarmad Y. Hermiz who wrote (126702)6/15/2001 10:38:10 PM
From: Mark Fowler  Respond to of 164684
 
Sarmad it appears economic recovery is being push out further and reduced interest rates will help, but profit growth has to be in the equation, this is not like '98. I think economic forecast could be revised lower, so i'm staying defensive... This market isn't going to get away . In Intermed. market will trade flat to down.