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To: SJS who wrote (55688)10/16/1998 4:40:00 PM
From: Trey McAtee  Read Replies (1) | Respond to of 58727
 
steve--

the nikkei is close to a 12 year low and japanese interest rates are below 1%. now, while the japanese arent big equity investors, it still means that in deflationary times, interest rates dont necessarily mean increases in equity valuations.

plus...we have an unstable political situation here at home and around the world.

good luck to all,
trey



To: SJS who wrote (55688)10/16/1998 6:05:00 PM
From: Stephen  Respond to of 58727