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To: Sam Citron who wrote (62450)	6/14/1999 4:45:00 PM
From: KeepItSimple	Read Replies (8) \| Respond to of 164684

> We could easily start a major rally from this washed-out level. The self-delusion never ceases to amaze me!! I guess you really have to live in the valley, and visit these internut companies, and have friends who work at them, to realize the fundamental truth that this is a MANIA. Nothing more. These companies are not worth 1/50th their current valuations. Anyway. It's bad form to rub salt in the wounds, so I'll keep my mouth shut.

To: Sam Citron who wrote (62450)	6/14/1999 4:51:00 PM
From: Rob S.	Respond to of 164684

Most of the damage may have already been done - only another few points to go to reach my summer target of 65-80. There is no strong support bellow this level until it reaches around 50. 65-80 may be psychological support because it traded there in the past pre-split. For now, however, investors are continuing to pull out of high flying stocks and move into value growth and cyclical stocks. Witness the dramatic move in the market today - the DOW was up because of the rotation into value while the NASDAQ was down because of the sell-off in the high flyers.