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To: yard_man who wrote (3977)	8/17/1998 8:54:00 PM
From: Joseph G.	Respond to of 86076

<<but market is beyond even trying to extrapolate earnings now -- lots of participants don't even know what earnings growth means -- they simply look at the silly earnings targets cooked up or adjusted by analysts. >> This can be (and is) true regarding particular Cos., particularly not the largest, but the whole market is still generally dominated by large, mostly inherited, often professionally managed money players, who, presumably, won't keep their money "large" for long if they buy the media hype. They have to be misled in a more subtle way.