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To: Ilaine who wrote (98464)	4/28/2001 1:02:11 PM
From: marginmike	Read Replies (1) \| Respond to of 436258

Ad sales, TV etc in NY are ATROCIOUS, AUTOS are weakening, 2nd home market IE HAMPTONS is VERY weak, spoke with a guy from CSCO last night at my resteraunt said that their betening down the hatches and are expecting a BRUTAL year. He thinks INFRA and TELECOLM are dead for the near future. The only crutch seemingly standing is HOUSINg and its residual consumer effect on durables and furnature. If rates start backing up then that leg will break too. However Inflation must to heat up a litlle here first. So I think the process is unwinding slowly.