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To: Poet who wrote (3248)	2/18/2000 8:06:00 PM
From: steve mamus	Read Replies (1) \| Respond to of 8096

I have been getting other reports from the NE confirming the snow in the NE. I had a rough day in Orlando. Went running 4 1/2 miles in the frigid 82 degree sun filled air. Good day for a run. QCOM will be fine long term. I am starting to like the idea of putting things out for 2 years. I think the market will tank 10-20% more on the DOW. The TECHS will ultimately be fine but this is truly an excellent time to keep the powder very very dry and very very ready. I think we may have some extraordinary opportunities to buy in the next 7 months thru about Sept. I previously had played heavily in financials. I would like to buy citicorp for about 35. Made bunch of money on this and CMB before. I want absolute carnage in the financials with single digit P/E's. I will then go after CMB and C with a vengence. Humm...I almost pulled the trigger on Novell today...I want more pain first ...if it cracks 30 I will sell puts at 20 or however low we are allowed to sell. This is a time to be patient...things may go lower then you could possibly imagine especially in the old economy stocks...I think GE is a joke...the stock is down 20% this month and in my opinion still should be priced another 20% lower. DoK