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ik

12/31/02 4:12 PM

#60495 RE: Zeev Hed #60479

Hi Zeev
It is nice to see you responding to so many questions during trading time. I like your optimizm and your sense of reality.
I'm pretty sure that your attitude help many people and of course there always a few who are "over chuchem"....
I as always like the p/c & the p/c on the equity.
Today the p/c ended at .63 whiche in my opinion reflects the
expectation of the participants to a rally. the p/c on the equity is .5 which again shows an optimizm. If that is the case do you think that the potential rally might be limited in its outcome and not developed to the potential you thought
1520?
TIA
IK

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lostalot

12/31/02 5:56 PM

#60521 RE: Zeev Hed #60479

Zeev: I wonder whether you have already formulated your 2003 forecast on NAZ as you did in Dec. 29th, 2001 for 2002?