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To: re3 who wrote (101906)	4/22/2000 12:51:00 PM
From: Chung Lee	Read Replies (2) \| Respond to of 164684

>>>ps. i'm buying more poots on monday... Just like last weekend, people were so sure easy and fast money could be made in short/put, then what happened? Nas jumped 500 points in two days, piling on has always been proven a sucker play, easy money for the big boys, not the little fishes, they have the money to move the market either way, depending on how much "new money" loose change and crumbled dollar bills the little fishes want to bet, if the pot is big enough, they will oblige and sweep it off the table. This long weekend is providing an extra day to build up bearish sentiment, a lot of references to Titanic, it is dangerously approaching bear heaven. I have 2/3 boxed last week, will watch the show.

To: re3 who wrote (101906)	4/22/2000 1:16:00 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

why is it not APOLOGY instead ? it almost feels like the shareholders did the bad and stupid things to negatively affect earnings ... Ike, You have a point. It should a revenue or earnings shortfall apology. The shareholders have no control over management's decisions. I can't recall any CEO stating publically he or she made a lot of errors. I was thinking there was one recently but that was Warren Buffet in explaining the poor performance of Berkshire Hathaway. I don't recall him blaming it on anyone but himself. I typically hear excuses from CEOs that demand was down, margins were squeezed. fuel prices moved against us, etc. How about we did not do a good job in predicting demand or hedging agains a rise in fuel prices, or cutting costs, etc.?