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To: reaper who wrote (176185)	6/28/2002 12:49:56 PM
From: marginmike	Read Replies (1) \| Respond to of 436258

What always amazed me about this country and the world, is that everyone thinks the other guy knows what they are doing and everyone relies on each other for confirmation. In the case of Enron, GX, Wcom etc all the analysts and fund managers were to Lazy to figure out what was going down. Those who did any decent research saw these catastrophe's coming. It seems that the faith people put in others who they feel are less fallable then themselves is laughable. In most cases that person is dumber then them. Man very smart people put their trust in Moron stock brokers and Mutual fund managers who hadnt a clue. Its not that people arnt out there who have a clue they are just few and far between, and most have no access to these types. Its the same with doctors and Lawyers etc, all are human all are fallable, and anytimime you trust anyone more then yourself you will be duped. Bottom line Serial aquiring companies are dangerous bets. CENDANT,TYCO,WCOM and a host of others. There are a few left that seem to pretend that they are diferent. CSCO,GE are two good ones.

To: reaper who wrote (176185)	6/28/2002 12:50:02 PM
From: Giordano Bruno	Respond to of 436258

Alrighty then, let's focus on the good stuff, shall we? Dollar snaps back after BOJ intervention By Julie Rannazzisi The dollar -- which posted deep losses earlier on and came within a whisker of parity against the euro -- recovered substantially after the Bank of Japan intervened for the third time this week to weaken the yen in order to keep Japanese exports competitive on international shores. The European Central Bank and Fed both bought dollars and sold yen on behalf of the BOJ. Earlier on, the yen had rallied to a 9-month high against the buck as Japan's industrial output showed its largest gain in a decade in May. In recent action, the dollar edged up 0.2 percent to 119.92 yen while the euro shed 0.1 percent to 98.64 cents after trading as high as 99.90 cents. The euro last reached parity vs. the greenback in February of 2000.