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To: Dale Baker who wrote (6500)5/25/1999 6:51:00 AM
From: JSBRespond to of 118717
 
I'm thinking 2 things:

1. We might have a short term
buying op Thursday and Friday
for a pop next week.

2. It's going to be a long, ugly
summer with the valuations of this
market.

Opinions?

I'm over 50& cash and holding very
few stocks.

Additionally, FWIW, I think there is
an excellent chance that there is an
unannounced offer for ITIG.

They were scheduled to have their annual
meeting today and yesterday, they cancelled
it. Only reason I can think of, is an
offer on the table.