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To: Sonki who wrote (19837)	6/15/1998 1:03:00 AM
From: Sonny McWilliams	Respond to of 27012

Sonki. I just told Margaret that Sonny went on to bed. But since you addressed it to "u" also, I will answer this one and I have talked to you on the phone a while back. But it is "e" not "u". <GG> Sonny told billwot by private message - not that he is trying to hide this, he mentioned it while replying to a private message - that he feels we could be in for a bigger correction once we get to the upper 9000's. That is based on what we have been reading and what some of our fav. analyst's are saying, in other words, it is not a sure thing. Asia could turn around by that time. But Mr. Greenspan was almost joyful and that was scary. But Mr. Rubin put his 2 cents in and things look more like a status quo again. We believe that we will get our usual summer rally but once we go to the high road, a bit profit taking may be in order for people like us on margin and you who likes to trade more than we do. So, yes, we think July should be up and maybe June and some of Aug. But we will check Sonny's crystal ball for further information. Billwot says that he has already reduced some of his exposure and Sonny has already posted that we have been reducing our portfolio here and there. But somehow we always buy again and are pretty margined again. Sonny mentioned that we are thinking about buying more WCOM today which you own also. It has come down some and was mentioned on WSW as a good buy. It looks like the MCIC deal may go through. MCIC is willing to part with more things and the EU does not seem to insist on selling WCOM's UUNET. So at 42 1/2 it looks like a good buy again. We have changed our mind on TBR at this moment, maybe we will change it again before the week is out. This analyst on WSW mentioned that TEF would be a better choice. They have a portfolio of Latin American telecomm. stocks and Spain is still on the come along with some other European countries. So we are contemplating along that line. And yes, Sonny did get a kick out of your Viagra post. He also read the one you wrote to Ann about it. Viagra came back well on Friday. Maybe it will move some more today or tomorrow on your end. But in any event, it should do well for us. We have been waiting for it to go under 100 to pick up more. But it looks like there are more investors looking for the same thing. Every time it gets to the lower 100's it perks up. It looks like the Asian region does not want to contribute to a good market today. quote.yahoo.com Good night E