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To: Fredman who wrote (118)	7/28/1998 1:16:00 AM
From: EL KABONG!!!	Respond to of 253

Fred, If you've got a stock with a beta of .43, you're likely looking at something in the utilities sector or possibly the financial industry. Low betas merely mean that the stock is very likely to trade in a small range. You have to compare your company's beta to other firms in the same industry/sector. You give consideration to which exchange the stock trades on (AMEX = lower betas and NASDAQ = higher betas, usually but not always). If I'm looking at a stock with a very low beta, I also look to see what the dividend yield is. High dividend stocks usually, but not always, have lower betas. Growth stocks usually have high betas, so I'll guess that your stock is not a high growth firm. Great, good or average cannot appropriately describe beta because the answer depends upon your own individual investing goals. KJC

To: Fredman who wrote (118)	7/28/1998 1:17:00 AM
From: Druss	Respond to of 253

Fred--Just a quick answer, it is getting on bedtime. A beta of .43 is very low. Much lower than average (which is 1.0) I suspect the chart doesn't show much change. That is the type of beta one used to find in solid predictable old guard companies with very predictable assured business and a steady predictable dividend, like utilities and so forth. Now you can't even count on these companies being stable price wise. All the Best Druss