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To: Dealer who wrote (29619)	8/19/2000 12:21:17 AM
From: RR	Respond to of 35685

Dealer: That's right. I get little sleep. That's another thing that folks would think I was nuts if they knew how little I slept. Always working or studying the market. Yes, will be around the homestead this weekend. I've parked the bubba truck and don't plan on going anywhere. Have a lot of work to do this weekend so I'll be in my office. Good night, Dealer. RR

To: Dealer who wrote (29619)	8/19/2000 12:46:50 AM
From: Ritch	Read Replies (2) \| Respond to of 35685

Hi Dealer and All! I am writing this from my motel room in Costa Rica. I finally found someone with an Internet connection so that I could log on and find out what is going on in the Financial World. I have been busy working and getting things set up on a new golf course down here. Tomorrow morning I get to golf in a scramble tournament and Sunday we are going to the ocean and relax. The people here are great and the country is just beautiful! I hope that the weather holds out for a few more days. Looks like the markets have been doing just fine this week so now I can relax and have a fun weekend.<gg> They have to pay for the internet by the hour down here, so I better keep this short. I will try to get back on on Sunday or Monday. I hope you all have a great weekend! Ritch

To: Dealer who wrote (29619)	8/19/2000 8:26:22 AM
From: Dealer	Read Replies (2) \| Respond to of 35685

CSCO--Rumored Cisco joint venture boosts Net2Phone By Bloomberg News August 18, 2000, 4:05 p.m. PT update Shares of Net2Phone, which sells telephone service using the Internet, rose 26 percent on reported plans to form a new company with Cisco Systems, the No. 1 maker of Internet equipment. The shares of Net2Phone rose $6.63 to $32.06. Cisco climbed 6 cents to $63.50. The Cisco-Net2Phone venture would develop hardware and software to convert voice, fax and data traffic to be sent over speedy data-traffic networks, CNBC reported. The report comes a week after AT&T, the largest U.S. long-distance and cable-TV provider, invested $1.4 billion for a 32 percent stake in Newark, N.J.-based Net2Phone. "Anytime you do something with Cisco in this area, it definitely helps" the company's valuation, said Alan Loewenstein, co-manager of the $2.8 billion John Hancock Technology Fund, which holds about 300,000 shares of Net2Phone. Tom Galvin, a spokesman for San Jose, Calif.-based Cisco, declined to comment and said "there's nothing to announce." Net2Phone spokeswoman Sarah Hofstetter said "there's no comment from the company." AT&T officials couldn't immediately be reached to comment. Possible spinoff AT&T bought most of its stake from Net2Phone parent IDT. IDT president James Courter said in a March interview that Net2Phone had been looking to spin off its equipment division, which makes the proprietary gateway boxes that power the service, into a separate company. The agreement with AT&T permits that spin-off, he said. Courter couldn't immediately be reached for comment. IDT spokesman Gil Nielsen said he wasn't aware of the venture. "To have AT&T and Cisco as (Net2Phone's) partners definitely tells you that their technology does work and that the revenues will follow as it's implemented," fund manager Loewenstein said. Cisco has formed several joint ventures this year to boost sales of its data-traffic switches, routers and other products. In June, Cisco and General Electric Co. formed a venture that will sell factory-automation services, consulting and computer software that enables remote offices to monitor plants electronically. In March, Cisco and Cap Gemini, Europe's largest computer-services company, said they're teaming up to sell and service Internet and telecommunications systems. Copyright 2000, Bloomberg L.P. All Rights Reserved.