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To: Patrick E.McDaniel who wrote (68519)	10/1/1998 9:28:00 AM
From: Boplicity	Respond to of 176387

09:15 ET Rating Cuts: Merrill Lynch reducing its ratings on several highflying stocks that currently have a dark cloud hanging over them. Following stock's 7 3/8 pt decline yesterday, Merrill cutting long-term rating on "Year 2000" software play Keane Inc (KEA) from "buy" to "accumulate." 08:35 ET Market Indication: Broader market again indicated sharply lower, amid rumors that two more hedge funds are on the ropes. News is hitting stocks around the world, particularly financial names. Current level of S&P futures suggest Dow retreat of more than 150 pts at the open... Overseas markets under severe selling pressure: France -5%, Germany -7.2%, London -3.9%, Japan -1.6%... Greenspan will discuss hedge funds before House Banking Committee at 10:00 ET... Fore Systems warning. Splits