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To: HiSpeed who wrote (53874)	9/25/1998 5:09:00 PM
From: Stephen	Read Replies (1) \| Respond to of 58727

HiSpeed, I need to clarify your thoughts to understand them. If .25 is ALREADY priced into the market, but its not important how much the cut is, just that there is one, are you then saying that although the cut is priced in, it will rally anyway ... because ... it doesn't matter how much it is because the market will spin it in a positive way ??. I view that something priced into the market should not impact it further, and more, I think the street would be disappointed and sell-off. If I understand you correctly, you may be in line with one of my earlier posts where I stated I thought there would be .25 with a promise of more to come if needed. I've changed since then, but the latest economic data makes me wonder. As you can tell I really haven't a clue what the market will do given the variables !!. Good luck !! Stephen