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To: Roger A. Babb who wrote (290)	1/22/1998 10:39:00 AM
From: P. Ramamoorthy	Respond to of 1205

Roger, CC, 8:30 AM Eastern Standard Time? Will check with Melissa. Ram

To: Roger A. Babb who wrote (290)	1/25/1998 1:15:00 PM
From: Earthdog	Read Replies (1) \| Respond to of 1205

Roger, Read from your short thread: "I may even reduce some equity positions in my long term portfolios, something I have not done in 20 years, will move to money market cash, I don't like long bonds now either. We can expect higher oil prices, higher interest rates, protectionism, and lower stock prices in my opinion." Would this mean a pull back on your BROC long position? I have been in BROC for the long haul for a long time. Do you foresee lower stock prices across the board; big, mid, and small caps? Thanks, Allan