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To: Frank Ellis Morris who wrote (19372)	5/4/1998 12:38:00 PM
From: Sonny McWilliams	Respond to of 27012

Hi Margaret. I guess you have been wondering why I have not replied yet. I was watching K-Tel but it just got too high for my taste. 23 points in 2 days. I don't have the nerve now. I probably should not have mentioned it to you since we are probably both disappointed now. How about that cancer drug talk. I mentioned it to Sonki last night. That stock went out of sight this morning. The company ENMD is right in my back yard. What a drug that would be if that combined Endostatin and Angiostatin would wipe out cancer within 3 years maybe. If you have time, I think the CEO of that company will be a guest on Power Lunch on CNBC about 2 pm EST. Yes, I had heard about this article on overpriced stocks. But it was also mentioned that in no way does it mean that those stocks have to go down instead of going up more. And maybe those PE's are justified if the cos. can grow. Those PE's are in hindsight and the stocks could catch up soon. Only LU is being hit so far. Look at that above mentioned cancer drug company. The stock went up at one point over 70 points while the stock was only in the 1 digit before. So, the PE does not always tell the whole story. But I do look at it when buying new stocks. That's why I decided not to get K-Tel now. Could be a mistake. The target is still there. I will just watch the action today without buying anything. The market is too volatile today. How about those European markets. After they agreed on the Euro currency their stocks went through the roof. Everything was up over 1% with Germany leading the way, up over 4%. I don't know why we can't have a day like that. gg. I am on my way out. So don't look for a private message this afternoon. CPQ went up also, so you may have to wait if you are still interested. Margaret. I was up too late last night. gg. I just noticed that I posted to Frank while your message was a private one. BTW, I hope you will have a good time in Miami. Sonny P.S. Sorry Frank. I just noticed that I posted to you. I will send Margaret the link. I am too lazy to start over.