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To: Barry Grossman who wrote (96823)	1/20/2000 8:14:00 AM
From: dmf	Read Replies (2) \| Respond to of 186894

Barry, Re: -27% Cash position Thanks to you and everyone else who responded. Are you guys totally oblivious to a possible correction or just so rich it doesn't matter? We've made good use of margin for the last couple of years but are starting to wonder if we shouldn't be greedy <vbg> Hope all's well with you and your family. dmf

To: Barry Grossman who wrote (96823)	1/20/2000 10:12:00 AM
From: carl a. mehr	Read Replies (1) \| Respond to of 186894

Hi Barry, I did my usual calculation of Equity/Long and got 55.2%. That gives a -44.8, and I guess that beats your -27. I think we are talking about the same thing. I hope to bring that figure down to below -35. Maybe if I give my keyboard a rest and work in the garden it will happen automatically. Take care...humble carl