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To: David M Gambs who wrote (19262)	4/27/1998 8:40:00 AM
From: billwot	Respond to of 27012

Good morning all-Re: possible rate hikes! Markets to open down. From Briefing.com "08:31 ET Market Indication: Markets spooked by Wall Street Journal story suggesting that the Fed is considering raising interest rates in coming months. Says FOMC moved away from neutral stance at March 31 meeting. News has put a scare into markets around the world (Japan -2.25%, Hong Kong -2.63%, Germany -1.1%, France -1.7%). Long bond trading -23 ticks. Current level of S&P futures suggests that downside curbs will be triggered on the Dow at the open. Fed scheduled to meet May 19." billwot

To: David M Gambs who wrote (19262)	4/27/1998 10:42:00 AM
From: Sonny McWilliams	Read Replies (1) \| Respond to of 27012

Doug. Re: How about options being exercised or being lost? Sometimes a duck is a goose. Yeah, right. Tell me another one. You have to exercise the options and sell the shares. ;) I exercised all my warrants and then bought the stock. I would have lost out also had I not exercised. gg. Not a bad day today. I should not have opened my mouth about those TA guys maybe being right by the end of April and those nervous nellies. gg. I was looking for some downside action this week, but uh, ah right at the start of the week? The whole world is worried about WS being worried about higher interest rates by the Fed. Just heard that LU is buying a company (modem and tel. business) Both stocks are halted. Just in case you own LU. Maybe it will help the market a bit. American Express and AIG are an item again also. Sonny