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To: Jay who wrote (13421)	7/29/1998 11:25:00 PM
From: Lee Lichterman III	Respond to of 42787

Not sure if you want to follow the link to it though because it made my explorer go down twice. abcnews.com July 29 - Legal sources tell ABCNEWS that, as part of the immunity deal with prosecutors, Monica Lewinsky agreed to turn over evidence she claimed would back up her story that she had a sexual relationship with the president. The sources confirmed that one piece of evidence is in fact the dress Lewinsky said she saved after an encounter with Clinton because it had a semen stain on it. That could provide Starr with forensic evidence of a relationship. Lewinsky was granted complete immunity Tuesday in return for cooperating with Starr's six-month probe of her relationship with Clinton. Lewinsky's claim of the dress' existence was first reported by ABCNEWS six months ago. The dress may provide Independent Counsel Kenneth Starr with forensic evidence of a relationship. As for potential obstruction of justice to cover up an affair, sources say Lewinsky told prosecutors Clinton offered her hypothetical suggestions about how to keep the relationship secret. Allegedly Discussed Gifts ABCNEWS has been told that Lewinsky said the president suggested that if two people deny an event happened, no one can prove otherwise. He also allegedly talked to her about what to do with gifts he had given her and that were being sought as evidence by Paula Jones' lawyers. Lewinsky eventually gave those gifts to Betty Currie, the president's personal secretary. And to avoid testifying in the case, Clinton allegedly said that it would be difficult for someone to testify if he or she were out of town. Lewinsky did not tell prosecutors that the president ever directly instructed her to lie. Another piece of evidence that had been viewed by some as a potential smoking gun in building an obstruction case has been put aside by Starr. Sources say Lewinsky will testify she came up with the so-called "talking points" without input from anyone at the White House. That's the document instructing Linda Tripp how to slant her testimony in the Jones case. Sources say Lewinsky is prepared to say that Tripp herself developed some of the main ideas in the document. Tripp, who today completed her testimony, called that patently false. Speaking publicly for the first time, Tripp said she had no political agenda in coming forward with her tapes of Lewinsky, that fear motivated her. Day of Major Developments The revelation that Lewinsky had agreed to turn over evidence as part of her immunity deal capped a day of major developments in Starr's investigation. The president will voluntarily testify for Starr's grand jury, his lawyer announced today. Linda Tripp, meanwhile, spoke publicly for the first time about her role in the Lewinsky investigation. Clinton attorney David Kendall told reporters that the president will testify from the White House, with his lawyers present, by videotape on Aug. 17. Clinton Testimony Details Read the transcript of an anonymous background briefing, in which a key administration official explained the deal that secured Clinton's testimony. As part of an agreement with the White House, Starr withdrew his subpoena for the president's testimony. Technically, Clinton will be testifying voluntarily. Clinton has denied, both publicly and in testimony in the Jones suit, having a sexual relationship with Lewinsky. Tripp Breaks Silence Minutes after the testimony arrangements were announced, Tripp-whose tape recordings of Lewinsky led to Starr's investigation-made her first public statement. "I never ever asked to be placed in this position," she said. She said that she had completed her grand jury testimony and was "relieved" that it had come to an end. She said she had testified "truthfully and completely" and said she would urge the other witnesses "to do the same." Tripp said that she wanted people to know who she was and how she came to be the central figure in the case. "I am you, I am just like you," she said, standing before cameras just outside the courthouse where the grand jury meets. "I am an average American who found herself in a situation not of her own making. "I have been vilified for having taken the path of truth. I have been maligned by people who have chosen not to tell the truth and who know they are not telling the truth. That is a pretty frightening thing." Now that Tripp's testimony is completed, the way is clear for Lewinsky to come forward as early as next week and Clinton soon after, says ABCNEWS' Jackie Judd. So Starr will finally have to decide whether to send a report to Congress alleging impeachable offenses, she says.

To: Jay who wrote (13421)	7/30/1998 12:18:00 AM
From: Robert Graham	Respond to of 42787

So you are a long term investor. This is different than who I was referring to as the public speculator that is out there looking for profits every time a stock wiggles out there expecting the market to go up any time now. Still as a long term investor you still need to be on the lookout for major market corrections. We may have one coming up here, but it is a bit too premature to tell. Since you have diversified you should not be seeing this market adjustment hitting your portfolio too badly at this point in time. If you are, and given that we have not seen a market correction yet, then I suggest that you may start thinking of ways to diversify in a better way that will insulate you more from the inevitable market drops. However, nothing can keep your portfolio from being impacted by a major market correction. IMO now is a dangerous time in the markets for the short term trader. It can bounce tomorrow or go down to possibly make new lows. I see looking at the DJIA chart that the market can sell off more tomorrow before reversing. But a bounce which can lead to a reversal in direction is possible in the very near future. However, given the sentiment and the direction it has been taking along with the noted technical deterioration of key stocks, I am a bit skeptical that a reversal will happen. But it is possible. This is a market only for day traders. Tomorrow should give the rest of us short term players an idea of what is to come. We may see an evidence of a bounce first show up in the NASDAQ index. Bob Graham