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To: waverider who wrote (21693)	5/8/1998 9:50:00 AM
From: RGinPG	Read Replies (2) \| Respond to of 95453

I must say I agree. The OSX may fall close to previous lows (112) on this down cycle (worse case scenario IMO), but none of the fundamentals have changed, except that all the bad news is out, $12 oil fears are just a memory, and the sector is becoming less and less out of favor. During this dip I'm sure we will get a lot of "end of the world" scenarios, just like we did during the last 4 dips (that eventually yielded to a 30% gain in the OSX).

To: waverider who wrote (21693)	5/8/1998 10:09:00 AM
From: marc chatman	Read Replies (1) \| Respond to of 95453

<<With the apparent departure of our resident bears,>> Maybe I'm alone on this, but I like having bears here. That's part of what separates this thread from the stock specific threads. Fundamentals are excellent, I agree -- both for the next several months and the next couple of years. I sold some stuff from my "trading" portfolio early yesterday. I saw that buyers ween't ready to step in before the employment. Low volume, though, on the sell-off, so it shouldn't be difficult to move up quickly when we turn. It's also nice to have a chunk of cash when these babies get oversold. Still have my core stuff, though.