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To: Tokyo VD who wrote (2132)	1/21/1998 3:55:00 PM
From: Mark Oliver	Read Replies (1) \| Respond to of 3029

To me, "conventional wisdom" is being defied when a company (Hutchinson) reports a loss of .58 and says the next quarter will be worse, and no clear prediction that they will have any good quarter for the rest of the year. Maybe that translates into a victory for TSA over HIF, but I think that is grasping for some logic where perhaps none is to be found. Maybe the future will see TSA lead Hutch into a profitable market, but up until now it has just bled the value out of a very good company IMHO. Regards, Mark