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To: John Lacelle who wrote (13707)	6/23/1998 11:18:00 AM
From: Amelia Carhartt	Respond to of 116874

Which is probably why people keep pouring money into the big guys. Actually, compared to the rest of the market, INTC's PE isn't too bad compared to others. I dunno. I must be out of touch. Things don't make sense to me anymore. It seems to me that this market has a lot more downside potential than upside. But, look at the market today. I obviously don't know diddley. XAU is up a little. Susan

To: John Lacelle who wrote (13707)	6/23/1998 11:35:00 AM
From: Ahda	Read Replies (1) \| Respond to of 116874

Zeev's full responce both he and George agree. Their minds can change at any given moment! Just like the market. George, I agree with you that this rally will be heavily sold into, it might even be the last rally in this bull. The turnips do not yet indicate such an outcome (but they do see a very tough August/Late October market or so) followed by resumption of the bull. One Turnip is turning pale and trying to utter some warning signals for the medium term (late this year early next), but it is not yet definitive, so I won't pass it on, yet. As for the yen, my turnips assured me that after a little wobble here just under 140 yen/dollar the dollar rally will continue (with negative implications for gold) peaking at about 156 yen/dollar (may a spike to just under 160 or so). I thought I reported this finding here already. Good luck everyone, and do not pay too much attention to the yellow, we do have a good part of the world in a real deflation (see the swooning of Pt and Ag and curse Buffet as you should for suckering so many to buy at the top, and in this case ITYS.) Zeev