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To: Victor Lazlo who wrote (98251)	4/1/2000 12:22:00 AM
From: Robert Rose	Read Replies (3) \| Respond to of 164684

<Tom my main concern now is a .5 hike in May which I understand is being pushed by some of the Fed Govs and whcih Greenspan is 50/50 receptive to.> What evidence do you have indicating G's 50/50 receptivity? < Otherwise, I wish I had inflation-adjusted 5 cents for all the times in the last 17 years that I've read the baloney gloom and doom kind of stuff I've heard recently.> Amen, however, this news item tonight is giving me pause: biz.yahoo.com Does this development figure in the selling mania this week and potentially down the road?

To: Victor Lazlo who wrote (98251)	4/1/2000 9:47:00 PM
From: Tom Kearney	Read Replies (3) \| Respond to of 164684

Victor - Yes, it is a little scary right now. But, as Gene said in one of the posts I provided, when the Fed is done, we are back off to the races. Why? Because the economy is strong, productivity is exploding, and most of us here are with the leading companies - not too many Dr Koop or PeaPod touts here, even tho we discuss all stocks on this thread. I rattle between long term confidence and short term concerns. The LA Times today has a prominent front page story about the 'dots being shaken from the dot com tree'. I had wanted to stay off margin till we got a serious correction this spring, but after two quick 10% corrections I decided it was safe. I'm still OK unless another 20% gets taken out. My short term driving mantra is that with earnings to be reported soon, up 22% overall and 50%+ for tech, the market can't go down, go down, go down.... I only worry about a total free fall. Could AG, Barrons and the ambulance chasing media cause that? I don't think so, but worry about it a bit. It would be Oct 87, tho, not Oct 29, at worst. The '29 crash did not cause the depression, the failing economy, due to a sharp contraction in the money supply did. Well, I'm blathering now. I'll stop. Regards, Tom