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To: Haim R. Branisteanu who wrote (168769)	5/29/2002 12:05:03 PM
From: yard_man	Read Replies (1) \| Respond to of 436258

I have a different view -- inflation is most certainly a bad thing, but the fact that it is showing up there, I believe means they have more of an oppty to keep growing -- look at all the pumping here and what have we got -- very little "price inflation"?? Second dip is starting to become apparent -- I think it will deepen rather quickly. I think the EUR remains undervalued with respect to the dollar on a fundamental basis, but not sure what it means in the near term.