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To: N. David Lessani who wrote (8802)4/13/2000 10:59:00 PM
From: SJS  Respond to of 24042
 
Dave,

The money goes to cash, on the sidelines into MM funds, and it's more careful the next time.

I am not being pessimistic. As I look out onto the landscape of rising interest rates, and seasonally slower time for tech, I am reigning in my optimism and being prudent with my cash.

This is a ST phenomenon.

If the hurricane rips down your house, then you learn to build it differently the next time so as to minimize your loss.

The power of a mass exodus is something to learn from.

Steve