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To: JBL who wrote (23869)	10/30/1998 11:19:00 AM
From: H James Morris	Respond to of 164684

JBL<The denial on Wall Street is pathetic.> It is in the best interest of Wall Street to be in denial. Wall Street thinks that Denial is a river in Egypt.

To: JBL who wrote (23869)	10/30/1998 12:13:00 PM
From: Glenn D. Rudolph	Read Replies (3) \| Respond to of 164684

The popularity of the "scale concept" (where investors are promised they'll be shown the money a few years later, or where value is justified by continued hyper-growth in earnings as in the case of Dell / AOL) is the result of loose credit. JBL, I keep thinking of you as a loud speaker<G> That was not meant as an isult but JBLs were the first fine speakers I ever owned. It is interesting that so many compare the "thing" to AOL and DELL. There are so many firms that are completely gone using this strategy. We can kind a few that succeeded. Glenn