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To: Gersh Avery who wrote (4383)	10/17/1998 11:54:00 AM
From: Berney	Read Replies (1) \| Respond to of 11051

Gersh, Re: Non-events That big sucking sound we've been hearing over the last two months has been the flight from equity mutual funds. I for one do not consider this to be a non-event. There are too many folks 1) like Steve, that got some really nice gains, and are going to say Thank You Mr. Market, and 2) Folks that didn't get out the first time, but this time will jump ship on any weakness. I think the jury is still out, while juri is in. <g> Until I see the money change from net liquidations to inflows, I'm not impressed. I'm sure fellow Dude Gersh read this on the BK thread, but it may be of interest to some of the other Dudes. pei-intl.com Berney