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To: Crimson Ghost who wrote (14641)	7/18/1998 6:25:00 PM
From: Al Gordon	Read Replies (1) \| Respond to of 116764

George I'm inclined to think that the bulls may be right on Japan because it seems to me that investors are looking for almost any reason to invest in Japan.The market there has failed to break and hold below 15,000 several times.Another reason is that I think there are more than just a few people concerned about U.S. market valuations and would like to take some of the risk there off the table.Not to say Japan isn't risky but the U.S. markets have completely parted company with underlying fundamentals.Profit growth not very good? Then just keep lowering the forecasts.Already this year from 15% down to 1.2%.Is it just me or does anybody else think this is crazy? Of course you could always buy internet stocks.