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To: Jenna who wrote (13557)	8/28/1998 11:02:00 PM
From: Jenna	Read Replies (1) \| Respond to of 120523

REXI..There are two threads devoted to REXI. I thought that stock was good enough to include on my newsletter and indeed it made for 1-3 days of good swing-trading BEFORE earnings came out. Today I had a good day with REXI.. Here is something I thought would be of interest to people on this thread. found from a poster on REXI thread:REXI can very well make some nice gains in the next few trading session. Here is an example of a stock that I would go long on.. Only very special stocks like TAXI, REXI, (coincidence?).. SJK, IO did well soon after they tanked. REXI has been pulled back last 5 days due to very negative markets conditions and also some negative rumors circulating around. Today REXI has tested its bottom around 11 5/8 and then bounced back up to close at 13 1/4 despite of very negative market environment when NASDAQ fell-off by 81 points and DOW dows by 357 points. Company has already clarified that the business is as usual and continues to perform in line with analysts prior expectations and with prior trends. In last few days due to negative rumors and market conditions REXI has been shorted big time but today's bounce from the 52 week low of 11 5/8 shows that the selling is now over and also the buying interest has been developed in this bargain priced stock so expect REXI to bounce from here by atleast 30 - 40 % into next few days

To: Jenna who wrote (13557)	8/29/1998 9:53:00 AM
From: j g cordes	Read Replies (1) \| Respond to of 120523

Jenna.. just a small note on history and perceptions. I've also traveled some and yes America seems complacent in some ways. America is a two sided coin. Europeans and others come here and see overweight hamburger munchers slothed in a couch potato TV dreamworld. On the other side of the coin, some of the most agressive and lean industrial fighting machine companies in the world operate here along side inventivness, industry, and incredible focus. Its easy to forget the struggles fought here to achieve these dual realities. The single most compelling idea underlying our history has been inclusion over divisivness, and the belief of individualism over heirarchy. We banded together the separate states in the 1700's and likewise lost millions fighting the Civil War for unity. The commercialism and the inventivness that drive a commercial world spring from the concept of individuals having an earning and spending voice in the marketplace. Whether right or wrong in the larger picture, individuals having earning power and mobility in an economy that thrives on creating consumer products creates national wealth and internaltional expansionism. It was products and services that undermined the Russian heirarchy and social vision. Yes, we outspent them in the cold war but it was toasters and visions of supermarkets and couch potato evenings that did the real damage. On Russia: I disagree with the idea that Russia will return to Communism. While the adage of history repeating itself remains true, it never repeats itself in the same way. The Duma and the military are at odds, it was the military that allowed the revolution to proceed. The politics we don't see is who is in charge of the troops, who has the final voice on weapons including nuclear. They are at a political crossroads and the next months are critical because whatever grows out of the chaos there will certainly attempt to seat itself as the leadership for the next fifty years. Power once taken doesn't step down easily, witness Yeltsins hanging on. I personally think we should opt for inclusion as a foreigh policy, do everything possible to enhance, stimulate and support their finding a way clear. Yes, the oligarchy has to change, the fat cats who've taken privatization as a quick ticket to personal wealth have to be structured into socially supportive institutions through tax reforms that support currency and reliable trade. This is far too long a subject and one whose details will change by the minute... For me Japan is a bigger problem. Its banking ledger needs to be brought into daylight for all to see and out from the shadows of the keretsus and interlocking support systems. This is a painful process because they've traditionally found strength in backroom solutions and alliances. The loss of face and honor is still a powerful force in their society. Witness the huge number of suicides by small businessmen facing bankruptsy.. multiply that to a national crisis of confidence and humiliation to coming clean in front of the world. Yet that will pass and be stronger for it. The companies that continue to provide products and services will survive and thrive in this troubled world. Their necessity cuts through national boundaries and politics. Who would have thought American companies would be stringing fiber cable in downtown communist China or Israeli companies setting up printing systems in downtown Moscow or Japanese banks once owning Rockefeller Center... and on and on.. These forces of commerce are profound and world penetrating, revolutionary and stabilizing. Yes there is change, but in the change there is greater opportunity for investment. Jim