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To: Paul Senior who wrote (4906)	8/31/1998 3:16:00 PM
From: Axel Gunderson	Respond to of 78594

Paul: "Free cash earnings" was the result of a brain fart. I started to write "free cash flow" realized I meant to say "cash earnings" and ended up confusing us both. I can be even more entertaining when I do this orally. Axel

To: Paul Senior who wrote (4906)	8/31/1998 4:37:00 PM
From: Paul Senior	Read Replies (1) \| Respond to of 78594

Good day to buy stocks!

To: Paul Senior who wrote (4906)	8/31/1998 4:50:00 PM
From: Paul Senior	Read Replies (1) \| Respond to of 78594

re Bank stocks: If I may, I would like to modify my oft repeated statement (repeated by me that is -g-)that it's been impossible to lose money in investing in bank stocks during the past 4 years. I see that it is now possible -gg-. I really hope the guys with the good memories will be around 5 years from now to help the rest of us. We'll be talking about today, what it meant, what led up to it, what followed, what we should have done, and what we would have done if-only, for many years. The perspective of those who lived through it and are still investing 5 years from now, will be very helpful for those of us who still expect to be around then (but who, like me -g-, will have failing and fading memories of today).