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To: IceShark who wrote (405)	12/15/1997 10:54:00 PM
From: Brad Bolen	Read Replies (1) \| Respond to of 86076

RE: Don't put too much money on the US decline scenario. I think the US market could be awash in cash at the drop of a hat, and many who have vested interests to see it so. The international govts will do everything in their power to join market players in proping up the markets on the margin. >>>> If it does so, it will have to at the expense of greatly inflated PE ratios. The S&P already at near high PE's, I find it unlikely that kind of speculation will take place...given the recent jitteriness investors have already shown. B,