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To: Ron McKinnon who wrote (22508)	3/15/2000 7:16:00 PM
From: Larry S.	Read Replies (2) \| Respond to of 53068

Today felt like "Revenge of the Nerds" - glad i had my pocket protector today. The NAS has been down sharply 3 days in the row. In the past year, 3-4 days have been the length of NAS "corrections". Think that the strength in the "Nerds" (banks, airlines, real drug cos, "old economy" stocks) might last a bit longer this time. But the techs and nets, and likely bios too, should resume rally later this week or next. Larry

To: Ron McKinnon who wrote (22508)	3/16/2000 2:55:00 AM
From: DanZ	Respond to of 53068

Well, I sold most of my trading positions today. Took profits in CIT, GT, MAT, KSWS, and flipped ANF and SKS for nice gains. I bought a little more GUMM at 19 1/4 and 19 7/16...may hold this piece or may flip it on a rally. At the current price, I think that the market is giving nearly zero value to either Gel Tech or the Swedish Match joint venture. The stock is way too cheap at 20, and I think that it will recover shortly. CIT announced a stock buy back today and I would have expected it to be up more than it was. It seemed to stall at 14 3/8 again, so I sold at 14 1/4. I may have gotten out too early but will buy again if it pulls back to 13 3/4, or maybe if it breaks resistance at about 14 1/2 and looks like it will go. I took the profit in GT when it got to my goal and left about a buck per share on the table. Oh well, I can't complain when I stick to my plan and make money. SKS released their final earnings this morning, in line with the pre-announcement. I didn't see any reason for the stock being down so much this morning, so I bought it at 13 1/2 and sold it at 13 13/16 a few hours later.