  For a Morse map $f:M\to S^1$ Novikov [11] has introduced an analog of Morse
complex, defined over the ring $\ZZZ[[t]][t^{-1}]$ of integer Laurent power
series. Novikov conjectured, that generically the matrix entries of the
differentials in this complex are of the form $\sum_ia_it^i$, where $a_i$ grow
at most exponentially in $i$. We prove that for any given $f$ for a $C^0$
generic gradient-like vector field all the incidence coefficients above are
rational functions in $t$ (which implies obviously the exponential growth rate
estimate).
