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To: Ed Pittman who wrote (7774)	9/28/1998 10:04:00 AM
From: Jay8088	Read Replies (2) \| Respond to of 10227

Hmmm.. I say 8300 tops, at best. But it does look like Oct 29 would be the turning point as you have predicted. Congratulations! Hope those darn internet mania stocks come down!!! Ouch!

To: Ed Pittman who wrote (7774)	9/28/1998 12:41:00 PM
From: Silicon Trader	Read Replies (1) \| Respond to of 10227

MRBIG took the scalp today,and joined ED on the fence with one cheek <G> !!! GO NRAG MBA

To: Ed Pittman who wrote (7774)	9/28/1998 6:20:00 PM
From: Ken Benes	Read Replies (1) \| Respond to of 10227

Ed: My Elliot Wave software is saying that we are currently in wave 4, of a minor inverted impulse. Current targets are between 8040 and 8263 before we head down in wave 5. Unfortunately, all of these prognostications are held hostage to the uncertainty surrounding the derivative markets. The Federal Reserved backed ballout of the hedge fund and the abrupt specter of a cut in the funds rate are clear indicators of the severe systemic pressures in the markets. Contrast this to the frothiness in the internet stocks and the dismal earning prospects for the third and fourth quarters, and it is not hard to imagine any kind of surprise causing the markets to decline in a severe fifth wave. Relating this to nextel, the upside is very modest while the downside could be substantial. Ken