The neutrino long wavelength (just-so) oscillation is reconsidered as a
solution to the solar neutrino problem. In the light of the presently updated
results of the four solar neutrino experiments, the data fit in the just-so
scenario substantially improves and becomes almost as good as in the MSW
scenario. Surprising result of our analysis is that best fit is achieved when
the oscillation occurs only between two neutrino states: switching on the
oscillation into third neutrino increases the χ2 value. Namely, we
consider the vacuum oscillation scenario in the three-neutrino system (4
parameters) and find out that the χ2 minimum is always achieved in the
{\it two} parameter subspace in which actually only {\it two} neutrino states
oscillate. This holds in the framework of any solar model with relaxed
prediction of the various neutrino fluxes. The possible theoretical
implications of this observation are also discussed.Comment: 9 pages, Latex, 4 figures (not included, available upon request from
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