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To: MR. PANAMA (I am a PLAYER) who wrote (25852)	12/18/1997 10:59:00 PM
From: Earlie	Respond to of 53903

Grim: Thanks for the heads-up on the IBM deal. EDS types have been very critical of IBM's "low-ball" bidding in the services game. It will be interesting to dig into this reshaped relationship. Sorry to hear of the losses......we all get them in this game. Being "early" in shorting the tech sector sure carved me into bits last year. Glad you got through it with your spirit, humour and determination intact. The rebuilding of the capital base is no doubt well underway. Best, Earlie