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To: JRI who wrote (851)	2/23/2000 12:07:00 PM
From: JRI	Respond to of 1138

Wow..if this ain't a breakout, I don't know what one is....Daytraders hoppin' on now for sure....where it stops, nobody knows... This morning's action was really comforting....Selloff of those (who wanted to lock-in yesterday's gain)...then, a powerful, powerful move AFTER the stock got back to even...a little above....couldn't ask for more (short-term)... Greenspan "The wealth effect is not that closely tied to the stock market"....man, that should support stocks (short-term)...

To: JRI who wrote (851)	2/23/2000 1:48:00 PM
From: Chuzzlewit	Read Replies (3) \| Respond to of 1138

Thanks, JRI I should be so lucky ... <VBG> If this action is due to day traders and momentum players I think the rally will be short-lived. My hope is that the run-up is because some of the funds have reevaluated their knee-jerk reaction to the accounting issue. It is also possible that we may be seeing a short squeeze. I recall that when the Q4 earnings came out (along with the Q3 restatement) several analysts said that they were waiting for more bad news, whereupon the stock descended from the low 30's to the mid 20's. This may have lead to substantial new short positions which are now covering. If so, then the runup will also be short lived. TTFN, CTC