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To: William Hunt who wrote (26291)	7/26/2000 3:37:27 PM
From: Sonny McWilliams	Respond to of 27012

Hello Bill. I hope you did not watch the market this morning. Unfortunately I did here and there. Ouch. But things have turned around a bit on the NAZ. I remember you asking me what stocks I own. Which 4 stocks do you own? I thought you were only in QCOM. It did pretty well lately. Yes. I can see how you feel the way you do about the markets. I am beginning to feel the same way. It is beginning to be a crap shoot. I guess it always was but it seems more that way now. Some of those analysts are getting a bit daring. Strong buy one day and the next day the stock is cut in half. And yes, luckily we all can do our own research but as you stated, even that is no guarantee in a market where so many now just go from day to day. Even the funds are getting worse. Very few long term holders. But I am hanging in there. I just buy and sell something here and there and try to hold the rest for the long term. I am calling long term now 1 year when the tax bite is less. But I am learning that when things go up a lot, I will take some profits. Better SOME profits than NONE. I just told Sonki that I sold my JDSU with a heavy heart. But with someone selling a big chunk of their holdings, earnings and JDSU going into the S&P, I got cold feet. Too many of my stocks took a bath when earnings came out, even when earnings were good. And JDSU has come back a long way since April. Again. I will not exit the market but I will def. take some profits in the future. Everybody else seems to be taking it. I did some bottom fishing in FDRY and VSTR. It did not work too well. I also bought some more Intel at 138. Man, those analysts are having a field day with the semis. One day they in, the next they are out. Oh. about my mini vacation. None of your guesses were right. I went to Ocean City, Md. We generally go there every year for about a week or so. We went to the Outer Banks in June and Fla over Easter. If this market does not start moving up, I may be stranded at home. gg. Oil. It does not look like the promised output of a lot more oil came about. Oil is still about 28 dollars a barrel. Something should be done about it. More drilling in our area could help. I know it's not political correct. It always strikes me funny when those against drilling see nothing wrong when other countries drill. And of course there are other things that can be done. Sonny

To: William Hunt who wrote (26291)	7/26/2000 5:41:12 PM
From: Sonny McWilliams	Read Replies (1) \| Respond to of 27012

Hello Bill. Talking about ups and downs in our stocks. I just listened to CNBC about Gnet and Insp merging. I told myself: How can this happen to so many of my stocks? Example:Aol. I was worried for a second that Gnet was buying Insp but it's the other way around. Thank goodness. It's Infospace that has a good infrastructure on the net. Well, I guess I will own a little bit of SI soon. Maybe I can go to a meeting one of these days, when I am in Seattle, and ask them to go back to the old SI. gg. Good thing I own Insp in my IRA. No telling what this will do now. So far, so good. Lucky GNET holders. They will get 1.8 of my shares for every share they own in GNET. But Gnet did have a good report and one of the Msft founders still has a stake in Gnet. Wow. Those internet cos. are merging one after another. The NAZ did well in the end. Maybe it will soon go to higher grounds even though many analysts are now talking about a 6 week lull in the markets. I listened to a cpl of commentaries today. Most analysts now expect that the FED will not raise interest rates. So maybe now we don't have to worry about rate hikes but wait, according to many analysts, now comes the good stuff. Now that the FED may be done raising rates, the analysts worry about lower growth in stocks. Bill on CNBC told one of those analysts: You know, the stock market just can't have it both ways. You can't hope for a slower economy so that the FED does not raise rates anymore and then squawk about lower earnings because of a slower economy. I was glad that Bill Griffeth told that guy. We know that some of those analysts are for the birds. They love to sock it to us either way. Making money for their houses is still their goal. So it's still up to us to listen and read all the news concerning our stocks. Sheesh. What a game! BTW. My former JDSU is doing a yo yo act. I missed it at 129. It's 139 right now. But, like I said, I think I leave it alone for a while. But I do believe in the optics and will still try to pick it up again. It had a little run. Vrsn did great. I did not get my clock cleaned after hours. It's not down too much. Maybe VRSN will help the NAZ tomorrow but one never knows. Sev. cos. came in with good earnings. zdii.com Sonny