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To: im a survivor who wrote (7406)	8/29/1998 10:16:00 AM
From: Rick Voteau	Read Replies (2) \| Respond to of 10786

KG4, your charts will be wrong. Market will bounce next week into Labor day. Alydaar is now trading at less than 2 times next years earnings estimates. The trading of today proves the market's inefficiencies. Through my 401K I am invested in Putnam emerging growth funds. I was all in cash until Friday when I reinvested my funds. They have had a 20% drop in two weeks. They have as their top holdings CPWR and Keene. Wexler is wrong on Y2K being a Hoax and anyone in industry knows that. I don't think a mutual fund manager would invest in Y2K as one of his top holding on a Hoax. KG4, Your charts should tell you that although we may be in a downtrend, we are in a very technically oversold condition in the short term.