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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?

To: Mr. BSL who wrote (2811)	1/14/1998 10:04:00 PM
From: Boca_PETE	Read Replies (1) \| Respond to of 42834

Duke60 from NEW LONDON, CT:<RE:Foster Freiss > What a relief ! Per my 12/31/97 quarterly report, "Freiss Associates and the Brandywine Funds HAVE NOT BEEN SOLD" . Foster Freiss is still running the Brandywine Fund. Erroneous reports of the impending sale of Brandywine Fund resulted from Legg Mason purchasing an UNRELATED FIRM known as Brandywine Asset Management which also does business in Wilmington, Delaware. P

To: Mr. BSL who wrote (2811)	1/16/1998 12:50:00 AM
From: mister topes	Read Replies (1) \| Respond to of 42834

Foster has only one major flaw. That is, from time to time he thinks he can become a market timer and time the market. Right now he seems to think the risk is on the downside. Unfortunately, he may be proven terribly wrong if the market completes the testing process in the 7300-7500 area this month and then heads north in a big way. I suspect Brandywine Fund may lose its coveted position on the Marketimer Recommended List if Foster continues to trumpet his bearish views in a market that appears to have very little downside whatsoever below the 7300-7500 area. Foster is a guy who had his head handed to him during the fourth quarter in his Brandywine Fund and then turned bearish afterwards! Sounds very much like locking the barndoor after the horse is gone.