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To: sam who wrote (60239)	1/6/2000 5:35:00 PM
From: RocketMan	Respond to of 152472

I don't think LU will be down for long, look at how Gateway rebounded today.

To: sam who wrote (60239)	1/6/2000 5:45:00 PM
From: Sam Sara	Respond to of 152472

I have made the mistake of equating a single tech company warning with the tech universe being in trouble before, to my financial regret. LU is important, no doubt, but many will make mistake of equating LU troubles and LU stock price with entire market. I would be surprised if we did not open much lower tomorrow, and I hope we do (and I am a long). There will be bargains out there tomorrow- I only regret lack of cash to take advantage of it. The dismay of longs and gloating of the bears is wonderful to hear- this is one of the things we need before this turns around. Support at this level of Naz was predicated on no major earnings disasters- now we have one and I do not pretend to know where bottom will be- tomorrow is a good time to scale in though, with knowledge that there may well be more downside to go. Volatility right now is unbelievable, this thing may turn around by next week. If so, the question will then become is this a dead cat bounce or a real rally. We will have to wait and see....