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To: BigBull who wrote (88759)	3/17/2001 7:33:28 PM
From: DataBits	Read Replies (2) \| Respond to of 95453

IBM is 20% undervalued, GE has energy advantages and is well diversified. The DJIA will make new all time highs in 2001 and is great buy at current levels. IBM and GE are strong components of the DJIA average. The street is quick to discount the worst with daily market lows and gloomy headlines. BigBull has become BigBear. If the FED cuts rates next week, investors will see the first wave of BIG TIME SHORT COVERING. Anywhere from 20% to 40% gains can be expected in trading positions. Worst case is a fairly valued long position in a market that has declined over 60%. Just my bits

To: BigBull who wrote (88759)	3/18/2001 10:50:41 AM
From: isopatch	Respond to of 95453

More on snowballing margin calls (courtesy of SI member Mike Finsterwald) "My rep at Fidelity confirms lots of margin calls. Some big players are getting calls. Whats amazing to me is why anyone with $10 or 20M dollars in the bank would ever contemplate carrying margin in this market, but he says those are the guys getting taken out now. I think everyone doubled up when the Fed started easing rates, thinking they " wouldn't fight the Fed". This includes banks/brokers which will no doubt be settling some bad accounts. Cash is king M."