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To: Cary Salsberg who wrote (355)	4/27/2002 10:08:59 PM
From: Jacob Snyder	Respond to of 13403

Well said, and i agree completely. A concise statement of a balanced, well-though-out plan, that you've applied consistently. It has worked, and I expect it will continue to work.

To: Cary Salsberg who wrote (355)	4/29/2002 1:37:26 PM
From: Jacob Snyder	Read Replies (2) \| Respond to of 13403

ALTR bot 3% of port. @ 20 This used the last of my cash, and started my margin buying. This is about what I had targetted, starting to use margin with the Nas in the mid-to-high 1600s. Will use margin aggressively, down to Nas 1600, which I'm betting is the bottom, approximately. Below 1600 Nas, I won't be able to buy any more, I'll just hang on and wait for the next intermediate-term bounce. JDSU and EMC looking very weak; CSCO, AMAT and ALTR looking (relatively) strong, in this downturn.