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To: Ron McKinnon who wrote (24275)	9/14/2000 11:40:29 AM
From: DanZ	Read Replies (1) \| Respond to of 53068

FNV. Ron, I remember talking to you on IRC in the summer of 1998 when semiconductor stocks were in the worst bear market in history. I held a large position in IRF at that time, and the stock was trading at about 7. A fund manager (I think it was Fidelity) hammered IRF nearly every day with big blocks on the bid and offer and drove the stock down. I'm not sure if you remember, but I called the fund manager a "bozo", to which you responded "bozo?" as if I was nuts for doing so. Well, IRF bottomed at about 4 1/2 a month or so later, but didn't trade all that many shares down there, and is now trading over 60. I haven't called a fund manager a bozo since then, but I'm going to publicly call the fund manager that is selling Finova below 7 a bozo. He who is the biggest seller on any particular day may not look the smartest the next day, week, or month later. The fund could be selling for end of quarter window dressing, or they might have a strict requirement that they can't hold securities in any company whose debt is rated below a certain grade. Whatever the reason for the heavy selling yesterday, I think time will prove that the fund manager is a bozo. <g> I didn't have time to update the portfolio last night because I was flying home. I'll catch up tonight.