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To: Len who wrote (10706)	4/3/2000 6:43:00 PM
From: Dealer	Read Replies (1) \| Respond to of 35685

Len did you miss this: Hi Frenchman, this time I think you are correct. Just watch tomorrow and there will be folks crying when it jumps back up. How many times have we been down this road. You make money when you buy, not when you sell. V

To: Len who wrote (10706)	4/3/2000 7:03:00 PM
From: Voltaire	Read Replies (2) \| Respond to of 35685

Hi Len, I know people get sick of hearing this but I will say it again. UNLESS THERE IS A CATALYST the market is not going down. So why did it go down so much today? Simple, all of the MM's stars came up perfectly aligned, 1. we had bad psychology after the NAZ had been battered for the sake of the DOW stocks, 2. Arbitrator says no settlement can be reached in MSFT case 3. Judge announces he will rule at 5 P.M. on Monday. Margin Mike and Greg may be right about testing 4000 on the NAZ, I don't believe we will. The Houses got something they did not expect today and you can not blame then for cashing in. I say that we will have a few headfakes tomorrow but all in all it should be a kick ass day on the NAZ. like I said today, the Houses have far more to lose in terms of dollars than the retail investor and they will not totally destroy their inventory. I would not have sat here all day buying RNWK unless I felt the immediate future would be great. I still feel that way. so in summation, I think we begin a good recovery all the way up to earnings. NOTE: One thing that I feel is going to hold us back a little over the next few quarters is going to be the pending failure of a lot of CRAP .com companies. It is not so much the failure that will hurt but the JOY AND GLEE that certain entities of the press get in reporting such as CNBC etc. V