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To: Sonny McWilliams who wrote (26081)	5/24/2000 12:37:00 AM
From: Brian Malloy	Read Replies (1) \| Respond to of 27012

Sonny, You may find this post of mine from the BRCM thread of use or at least amusement <ggg>. Message 13764061 Regards,

To: Sonny McWilliams who wrote (26081)	5/24/2000 3:17:00 AM
From: William Hunt	Read Replies (1) \| Respond to of 27012

Sonny -I do not know what the hell I am doing up ---here ia an article that verifys building products are slowing down ---half way down : interactive.wsj.com^CHA Half awake ---I agree on the semi issue ---it is stupid --just the fear mode under time warp speed---throw the baby out . Greenspan is seeing the data and needs to step out in front of the train and stopped and calm the market . The hard part from his perspective has been done ---he needs to make a soft landing or we are headed to a recession mode .Only he can due that ---with the evidence that is piling up he should be doing it shortly . I want to thank you for the feedback and logic ---it helps while trying understand why you are down 30% on your investments . By the way the last time the Nasdaq was down 35% was after the eighty seven crash ---it took a year for it to recover . BEST WISHES BILL

To: Sonny McWilliams who wrote (26081)	5/24/2000 8:48:00 AM
From: William Hunt	Read Replies (1) \| Respond to of 27012

Sonny ---from briefing .com--- Bear markets are all about breaking your spirit... That's why the decline in the large-cap sector leaders, while painful, is a necessary evil... Capitulation on the part of the leadership issues typically marks the final stage of a bear move, and with the recent losses registered by such tech titans as Sun Microsystems (SUNW 71 7/8 -8), Oracle (ORCL 62 5/8 -5 3/16), Intel (INTC 109 7/8 -8 1/2), Cisco (CSCO 50 35/64 -4 45/64), Applied Materials (AMAT 71 7/8 -7 7/16), Qualcomm (QCOM 79 3/8 -9 11/16) it's clear to us that we are in that stage now... As these stocks break down, already skittish investors will throw up their hands and cry "we give"... At this point the sellers will be flushed out and market conditions will be ripe for a sustained recovery. Okay, now that we have that out of the way... When will we bottom? Wish we knew for sure but we don't, nobody does... Briefing.com sticking with target of 3000-2900 on the Nasdaq for now, but as you can see from support levels listed below, if big names fall as far as technicals suggest they will, Nasdaq could easily head back to the 2700-2500 range before a bottom is put in place. Stock 5/23 Close % Off 52-wk High Next Major Support Amazon.com (AMZN) 46 11/16 58.7% 40 11/16 America Online (AOL) 49 1/2 48.3% 42 Apple Computer (AAPL) 85 13/16 42.9% 80 Applied Materials (AMAT) 71 7/8 37.5% 60-58 Cisco Systems (CSCO) 50 35/64 38.4% 38 Inktomi (INKT) 101 1/2 58.0% 85 Intel (INTC) 109 7/8 24.4% 90 Oracle (ORCL) 62 5/8 30.4% 48 Qualcomm (QCOM) 79 3/8 60.3% 55-50 Sun Microsystems (SUNW) 71 7/8 32.7% 50 Yahoo! (YHOO) 118 5/16 52.7% 90 BEST WISHES BILL