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To: Bill Harmond who wrote (15277)	8/31/1998 1:23:00 AM
From: Jan Crawley	Read Replies (2) \| Respond to of 164687

emember all the borrowable stock that suddenly became available in the 130's. That wasn't because short-sellers covered at a profit. Sellers here? I am interested in yours and Mark's $60s range projections/considerations? thanks.

To: Bill Harmond who wrote (15277)	8/31/1998 2:28:00 AM
From: denni	Read Replies (1) \| Respond to of 164687

bill's move makes splash in the wsj: interactive.wsj.com Dow's Slide Prompts Individuals To Ponder Shifting Out of Stocks On Friday, as the Dow Jones Industrial Average neared the end of a three-day, 550-point plunge to the drumbeat of worrisome news from Russia, Asia and Latin America, William Harmond, a 51-year-old retired television executive from Sherman Oaks, Calif., decided he had suffered enough. "On the right side of my [computer] screen, I keep a list of blue-chip tech names. One by one, they started getting softer and softer," says Mr. Harmond, who retired five years ago and now manages his sizable stock portfolio full-time. "Finally, I said, 'I'm out.' "Deciding that a "cyclical bear market" could be at hand, he says, he sold his entire seven-figure stock portfolio and put the money into short-term cash accounts. For now, he plans to "just sit back and see what kind of powers you're dealing with." A sophisticated investor who isn't averse to moving in and out stocks quickly -- like many people today, he invests through a tax-deferred IRA account -- he could well change his mind and get back into the market again soon.