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To: Jon Koplik who wrote (130200)	7/16/2003 12:54:58 PM
From: Rono	Read Replies (1) \| Respond to of 152472

Jon, buy some Nextel and go relax by the pool, you'll feel better!

To: Jon Koplik who wrote (130200)	7/16/2003 2:29:12 PM
From: Elroy	Read Replies (1) \| Respond to of 152472

Re : thinking "research" could not be used in a manner to benefit a Wall Street firm Again no one has said the above is true. My comment was that research department analysts don't collude with their own company's asset management groups to make their asset managers earn loads of money - a silly idea that pops up quite often on these stock boards. It is common knowledge that one very big reason that Fidelity Magellen Fund and Michael Steinhardt's hedge fund (back when it existed) did well was : THEY got the "first call" on new "research" (because they were such large customers). This is a completely different discussion than the earlier one. Elroy