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To: Venkie who wrote (27213)	1/9/1998 12:09:00 PM
From: McNabb Brothers	Read Replies (1) \| Respond to of 176387

Venkie, I'm bearish on the whole market in general! Would not be a buyer of anything at this time! We have only just begun the bear market! I even sold some core holdings right after the first of the year, that have been held for many many years! I do not like cash, but I believe it will be better than most anything at this time! That is except my short positions! Hank