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To: Dealer who wrote (6300)	3/7/2000 11:22:00 AM
From: Jim Willie CB	Respond to of 35685

short Galvin call on CNBC: Value Funds have become a "value wasteland" strong redemptions have led to large scale stock sales Value Fund managers have even sold large blocks of S&P baskets to raise money [they are unwilling to sell into weakness on specific stocks] redemptions have begun to spread to S&P Index Funds on widespread basis, fund managers have hired growth investment consultants this transition from Old Economy to New Economy is bringing about structural shaking of the foundations to the whole investment world gotta love it most excellent Naz intraday correction less reluctance to be buying as we approach 5000 next / JW