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To: 16yearcycle who wrote (62605)	6/15/1999 10:44:00 AM
From: Sarmad Y. Hermiz	Read Replies (2) \| Respond to of 164684

Gene, This June 15. I have seen very very few earnings warnings. And almost none from tech companies. I think NSM had one, and the stock went up. Have there been any others ? EBay will of course miss earnings. I am counting on earnings to overcome rate fears. GST thinks this is crazy. Actually I think anything less than 7% will not do any harm to tech. Banks, REITS, utils, that's something else.

To: 16yearcycle who wrote (62605)	6/15/1999 10:46:00 AM
From: Glenn D. Rudolph	Respond to of 164684

I bought some inkt back this am at 87. I mean this very sincerely for anyone who is listening: sentiment toward these nets is damn close to as bad as it can be. I have NEVER seen the crowd be right when it is this certain of itself.It is also a good sign that Sam Citron showed up. He is a good bottom fisher. Gene, Agreed with everything in your post. Every guest on CNBC has been beating ont he sector too. I am looking for the IIX to go through resistance shortly and will feel much better. I am going up with fewer shares that I had coming down. I wanted off margin. Too much risk on margin in the environment. Good luck! Glenn