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To: ernie who wrote (8744)	1/6/1999 12:54:00 PM
From: tonto	Respond to of 9343

Ernie, that was the point I was making. There are so many companies and we know so little about most of them. What credentials do they have? What has gone unnoticed today is a very strong statement from Morgan Stanley's chief analyst, Biggs: Wednesday January 6, 11:43 am Eastern Time Note: this article has a followup with more information. Morgan Stanley'S Biggs--"Absolutely" Sees U.S. Recession, Not Sure Timing - Rtv Under normal market conditions the market would have reacted to this strong statement. "Absolutely" is something I have never seen before from an analyst.