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To: steve susko who wrote (55583)	10/15/1998 5:03:00 PM
From: donald sew	Read Replies (2) \| Respond to of 58727

Steve, I was lucky to save 40% of my position, since I was on the phone with my broker when they made the announcement. I thought that in the last few days, some were becoming less bearish. Even before the announcement, I mentioned that I was not turning bullish, but less bearish. I think those on SI have a better idea of whats going on than most of the market. Seeya

To: steve susko who wrote (55583)	10/15/1998 6:10:00 PM
From: stockycd	Read Replies (4) \| Respond to of 58727

SI wouldn't be so contrarian if the FED didn't cut. Once investors realize that things must be in pretty bad shape for an emergency rate cut, we'll go back down. 6400? I doubt it but mid 7000's, I think so. I wonder what really prompted the cut...More hedge funds belly up? I can't help but think that this cut had more to do with the market and less to do with the economy and when they start doing that, it's dangerous. CD