Usually if you wait for fundamentals to be confirmed, you've waited too long. What Enron has done is given people who've dillydallied a chance to get in not too far from where they could have last fall.

Usually if you wait for fundamentals to be confirmed, you've waited too long, ... What Enron has done is given people who've dillydallied a chance to get in not too far from where they could have last fall.

They recently reported earning where they'd shown that revenues were not as strong as had been anticipated; a lot of that money still comes from your traditional long-distance carrying revenues. However, we like the group longer-term because we believe that, particularly for MCI, they're gravitating more towards the cellular and wireless category, which is the third group in telecom, and that one actually is in a positive camp.

The market does not seem to be worried about the long-term effects of the hurricane. It seems that we're seeing again today that the market really wants to move higher.

Both are involved in a sort of a turnaround situation with the economically sensitive group and I think at least, over the next couple of months, they'll do well,

I think investors are a lot like dieters. They look at January as a good month to start anew.