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To: kumar L chalasani who wrote (30469)	10/7/1998 6:26:00 PM
From: Don Westermeyer	Read Replies (1) \| Respond to of 95453

Kumar, Here is just some general comments that I'm sure have been said many times by other people already, but I feel like being redundant. :) 1. As far as block trade go for each seller there is still a buyer. Sometimes that is hard to remember when there are so many more sellers than buyers. 2. I've read that there has been some institutional interest in the sector. That appears to change on a day-to-day basis. Tomorrow they may be buyers again. 3. If you are long, you will have to deal with tax-loss selling over the next couple of months. FWIW - I will be one of the buyers in there. Hold on to your hats for a while - things will settle out eventually. 4. Don't invest so much that you need to worry short term. Give these stocks a year or two (or more?). I'm positive this sector will out-perform the general market. 5. There are very few people that have made money in this sector over the last year (myself included) - sorry to say welcome to the club. :o( It is amazing to see how fast market greed turns to fear (not directed at you BTW - just an observation on the market). I see YHOO beat expectations with whopping $0.15 earnings. The stock will probably fly even though the P/E is 200+. There are still some signs of irrational behavier in that sector. Just bantering - sorry.

To: kumar L chalasani who wrote (30469)	10/7/1998 6:56:00 PM
From: Nello Filippone	Read Replies (2) \| Respond to of 95453

Kumar, What usually happens in October is Tax-Loss Selling. If a Mutual Fund or Money Advisor/Manager is going to have a bad year the last thing they would want to do is have their customer pay capital gains for the year. An example would be if a fund sold some Dell today (190% realized gain YTD), a loss is needed to offset this gain so you sell your biggest losers (HAL,FLC,RIG ....). The earlier the losers are sold the more time they have to buy before the end of the year. They cannot realize the Tax-Loss if the security sold is repurchased within the next 30 days. The process is not as trivial as I described, there is much more strategy and planning involved regarding tax efficient strategies when managing mutual funds. The other possibility is that they may see more bad news on the horizon ... IMO we have seen the worse. Hope this helps. Nello

To: kumar L chalasani who wrote (30469)	10/7/1998 9:28:00 PM
From: John Carpenter	Respond to of 95453

There's a guy on the RIG and DO Yahoo message boards named "Sure 75" who says he's sure that the 150,000 share blocks of RIG and DO executed after 11AM were buys not sells. Since every NYSE trade involves a buyer and a seller, does anyone know if the one who was interested in the entire block,the initiator, lets call him the institution for lack of a better word, was a buyer or seller?