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To: Jon Koplik who wrote (14515)	9/3/1998 2:05:00 PM
From: marginmike	Respond to of 152472

They did a houdini impression! My point was that the market crash was not the impitus, nor a slight slowdown. It was the near depression(at least here) that hurt the business. In actuality 91 was OK 92-94 were bad. If the markets tred water, and growth slows it will have little affect. On the other hand if we see a recession of 92 dimension then Ill take a trip for a few years and come back when its over. I just dont see that happening. The USA's economy is much more dynamic then in 1989, and in the worst case I see a year or two of lackluster growth. I do not see a ressession. If the economy collapses Ill go back into the distressed property business(that's what I did last time). With alot more money and experience I wont make the same mistakes, and get really rich! I think Asia is stabilizing anyway. The Yen has improved and Russia will come to some finality soon