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To: E. Graphs who wrote (9248)	1/29/1998 12:20:00 PM
From: shane forbes	Respond to of 25814

E! Yes those bags under his eyes were size XXX weren't they? AG said some good stuff today. I found that "European-market" comment to be iffy. Mainly because things are still kinda vulnerable. And like the last time AG is not going to say anything dumb. I was surprised in that prior post that they thought he was going to call one day's move irrational exuberance. And fortunately he behaved like a good little boy today. In terms of market sentiment these last few days have been pretty impressive. That insider buying continues to be very strong. For now Asia schmacia... E! to balance tech exposure check out hmn - insurance company. Insurance companies can be the most profitable investments anyone can make. Believe you me. If the company underwrites well, and this is the key, they can literally print money. It appears that hmn underwrites well. In addition pretty good asset management as well - another very important prerequisite for insurance companies. Literally spewing out excess cash. Buying back stock with part of the proceeds. Being the ex-actuary type I like them and have a position. But earnings after the close today. So we'll see. Did run up nicely recently so may pull back. But for now they appear to be strong. ML - those Johnny come lately's (sic?) - have just said they expect semi-equips to grow 0-5% this year. Wow - like we have not known that for the last few weeks. Hope the frowing up has stopped.