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To: R. Bond who wrote (344)	2/12/2000 8:04:00 PM
From: Sojourner Smith	Respond to of 406

Bond, I have used MACD 8-17-0 in the past, but I missed IIJI run after sunk to the $40s. I don't want that to happen again. So I am fairly new to using the RSI. From what I can tell, however, RSI seems to maintain a trend before the first signal of an IPO. My theory for why that is: the underwriters are accumulating the stock and are keeping the price low. What happened Thursday is it jumped the gun, because of SIFY, CHINA, IIJI etc. Fundamentals are great, but valuation is difficult with all of these. Three these have gone, will the fourth? I hope so. I will be watching the RSI next week, and will try and ignore the price. I am in at about $60. Let me know what you think, Bruce Smith