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To: GST who wrote (80726)	10/15/1999 2:25:00 AM
From: KeepItSimple	Read Replies (1) \| Respond to of 164684

>this is dishonest. He's just been to one too many internut analyst/underwriter conferences. After a few of those, most people would be able to lie to their own grandmothers without a second thought.

To: GST who wrote (80726)	10/15/1999 2:39:00 AM
From: dbblg	Read Replies (1) \| Respond to of 164684

Hi GST, Leaving aside the put/call ratio, I'm not sure you can say there's no fear out there. Panic selling in TYC, folks fleeing Raytheon, Xerox, and Unisys at any price--there are plenty of jitters. Right now it's still fear of losing bonuses, rather than fear of losing a way of life, but we're getting there. Part of the complacency you are sensing may just be the calm produced by healthy cash balances. (I bought a little EXTR when it retraced half its intraday move, but I still have enough cash to let me sleep well.) I'm seeing some tempting shorts out there but I'm not willing to play them in this environment. cheers, Ganesh