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To: Arrow Hd. who wrote (30575)	7/19/2002 11:30:57 AM
From: Carl Worth	Respond to of 118717

i suppose it could be a psychological concern but i would guess it will be a nonevent...there are so many fears out there driving the market right now that it probably just blends into the overall mood perhaps it will be seen as slightly positive when that date passes and there aren't a bunch of CEO's who refuse to put their name on the dotted line...as i have said before, new rules don't really matter to the CEO's who are honest, if a CEO has already been fudging the numbers he is already subject to ruination if he is caught, why would it matter if he did one more thing wrong and signed his name to false numbers? if he's crooked he is hoping to get away with being crooked so he would also hope to get away with a false statement in this case i look at this current market and see a complete 180 from a few years ago when any bad news was shrugged off and good news caused stocks to double in two weeks, now good news is pretty much shrugged off and bad news knocks stocks down 50% even when it's a penny or two miss due to a delayed order that will still be secured, albeit a bit late back then it took a while to turn the tide and then the market proceeded steadily downward...now we need some time to gradually turn the tide from all negative to a market that looks at stocks individually, perhaps this deadline passing will be one more step towards that looks like we might get some more capitulation today, might as well get the pain over with sooner than later, this water torture market of late is not much fun at all carl

To: Arrow Hd. who wrote (30575)	7/19/2002 12:10:27 PM
From: Dale Baker	Respond to of 118717

Carl summed it up for me pretty well again - I see so much fear and panic in the market already that new scandals won't make much difference. This panic just has to burn itself out. The I suspect you will see the ask in many NASDAQ stocks fly up on low volume, with few or no sellers left to get in the way.