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To: Joseph G. who wrote (2050)	5/29/1998 4:37:00 PM
From: Cynic 2005	Read Replies (1) \| Respond to of 86076

Have a good trip. I was pleasantly surprised to see the close. Reality seem to set-in, albeit slowly. As long as that POS stock AOL is trading above 10, I think the market is fluffy. My largest holding VR hasn't done much in the last 4 months. GENZL, GZTC, ISLI and LGND are all at or a tad below where I bought them for. ETEC is picking the slack, though. opened puts on BSX today (thanks to Barry for alerting on this one.) My scientific theory is that ADI was within 5 miles of where I lived and it tanked in the month 5. BSX is about 10 miles of the same place. It should tank by 10/98. -g- -MMV

To: Joseph G. who wrote (2050)	5/29/1998 4:39:00 PM
From: John Dally	Read Replies (1) \| Respond to of 86076

Ciao Joe, have a good time . . . All, I think you'll appreciate this: venture-capital fund, internet, & CREDIT CARDS! Excerpt from today's WSJ: Do Mutual Funds Take Plastic? The Answer May Soon Be Yes By JOHN R. EMSHWILLER Staff Reporter of THE WALL STREET JOURNAL Mutual funds on a credit card? The U.S. Securities and Exchange Commission may have opened the door to just such a thing. It gave its approval last week to a plan that would allow investors to use credit cards to buy shares in a recently formed venture-capital fund being marketed exclusively over the Internet. If ordinary mutual funds are interested, it appears that they might also win SEC approval to take MasterCard and Visa as payment for fund shares.