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To: Dealer who wrote (12657)	4/13/2000 9:38:00 AM
From: SOROS	Respond to of 35685

I just can't help but think all of a sudden everyone will stop buying stocks with 150, 175, 200, 300, 500, 800, 1000, 3000 PEs. Then they stop buying stocks based on no earnings until 3-5 years out because a lot of things can change in technology or go wrong with that long of a time horizon. If there are no buyers of these two groups, this market has to go way down, doesn't it? If this were October, maybe some buying would go on, but this is April, then May, then summer vacations --- I think a lot of people will be moving to cash before heading out for vacations where they don't want to watch portfolios daily. I remain, SOROS