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To: Mark Fowler who wrote (131551)	9/20/2001 10:33:39 AM
From: H James Morris	Respond to of 164684

>it'll put pressure on the stock That's what I think too. But, if eBay does cancel the offering I'll buy to cover in a heart beat.

To: Mark Fowler who wrote (131551)	9/20/2001 12:16:52 PM
From: H James Morris	Read Replies (1) \| Respond to of 164684

Sold some Level 3 (lll) @ 84 and put the proceeds into Polycom (PCTL). >PictureTel (PCTL: news, chart, profile) rose more than 14 percent after the Hart-Scott-Rodino anti-trust act waiting period was terminated for the company's proposed merger with Polycom (PLCM: news, chart, profile), whose shares are down 41 cents, or 1.7 percent, to $24.29. As of the closing bell on Sept. 18, 28 million shares of PictureTel common stock, roughly 53 percent of its outstanding shares, were tendered to the offer. Polycom shares soared following the Sept. 11 terrorist attacks as investors theorized less business travel would result in higher demand for its videoconferencing products.