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To: tom pope who wrote (17140)	10/17/1998 10:31:00 PM
From: Bogeey	Respond to of 120523

I realize that Tom and your point is well taken. I just had a conversation with a friend of mine Friday evening who is a VP for a major regional bank here in Ohio and he uttered the theory of some banks that are in trouble that he didn't feel were going to get support. Only time will tell, however this same guy predicted that several rate cuts would be coming down the pike prior to the first one. He feels that the first rate cut was done to stabilize the markets and send a leadership signal to the rest of the world. He feels this second cut is to prime the economy, and the emotions of those who focus on it for something coming that will be negative in the hopes of reducing the impact.