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To: Uncle Frank who wrote (8843)	8/2/2001 2:43:24 PM
From: mtnlady	Read Replies (2) \| Respond to of 10934

UF I'm of the opinion that the market has not seen it's bottom yet. Too many people are still looking for a second half recovery - thus, the rally we have witnessed these last few months. Once the reality of the situation settles in - i.e. that Tom Siebel is correct (and most others as well) that there will be no second half recovery then this market will go down. What do you think will happen to the average investor when they see the NAZ plummeting through the 1900-1800-1700 barriers? Then when the old 'low' is broken? They will do what they normally do. Swing too far the other direction and panic. Selling off great companies like NTAP and SEBL below even their reasonable valuations (which they are NOT at right now). I will buy LT then. In the mean time I don't trust any move upward. Just buying, selling, shorting the ups and downs.