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To: Peter V who wrote (1816)	8/15/1998 12:16:00 AM
From: drsvelte	Respond to of 14427

Peter: To what Steve has aptly stated: "however, there are two schools of thought here: 1) Its not over, short it. 2) Its almost over, buy it." Let me add a third: 3) Regardless if its over, when will it recover?, therefore I will stand aside. My fear is if even if the big selloff ends, there won't necessarily be a big "V" rebound. These stocks could languish until there is a jump start in the demand side (Asia) or a meaningful pullback in the supply side. I don't have much confidence in either of these two happening very soon. I'm very sensitive to the concept of time value of money, so although these may appear to be bottom fishing bait, I'm not biting now.