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To: A. A. LaFountain III who wrote (5190)	6/29/1999 11:43:00 AM
From: Woody_Nickels	Read Replies (1) \| Respond to of 9582

Mr. LaFontaine, Thanks for your rating explanation. It was not my intent to disparage your opinion in any way. Keep up the good work.

To: A. A. LaFountain III who wrote (5190)	6/29/1999 12:28:00 PM
From: Charles R	Read Replies (1) \| Respond to of 9582

Tad, <Audience: Needham and Company is entirely institutional> This explains a lot. <(if the stock gets 20% above my target, I lower to a Hold - an English term that infers retention - and I use an Avoid at 50% above the target; that's where your question becomes pertinent).> Here you are distinctly different from a lot of analysts that I know of. English language is one thing and sell-side analysis is something completely different. Even the buy-side guys are suspect in some cases because of the investment banking relationships. I am reminded of a company that I had significant stake in a while back. The RS analyst who I thought was tops in knowing this company moved from strong buy to buy and stock started drifting lower. So, I had a chat with RS analyst about his position and he said he was telling his institutional clients to get off the boat but didn't want to piss off the CFO of the company. Boy, was I glad I called! Unfortunately, this has become standard modus operandi for a good part of the analyst community. Chuck