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To: Bill Harmond who wrote (15154)	11/12/1998 12:16:00 PM
From: Jan Crawley	Respond to of 27307

Bill, "$5 billion in revenue and $2 billion in earnings in 5 years" can be your "discounted future outlook", or your future dream/fantacy. I don't know which is which. However, I do know that this is a dangerous game and I am playing it with extreme care long or short. Bill, I am just trying to utilize my "competitive advantage" and make $$$$ during the swings.

To: Bill Harmond who wrote (15154)	11/12/1998 8:49:00 PM
From: Jan Crawley	Read Replies (1) \| Respond to of 27307

Jan. Recent statistics put institutional ownership at 80% of the float. Hi Bill, would you please verify the above info. Thanks.

To: Bill Harmond who wrote (15154)	11/16/1998 5:33:00 PM
From: Webfoot	Read Replies (1) \| Respond to of 27307

William - I've checked Bloomberg and S&P and both put institutional ownership below 35%. Can you get us a source for your 80% figure? It is important -- if indeed the number is closer to 80%, the time to short is probably nearer as the recent frenzy followed by low volume rise the past couple days are classic signals of an approaching top, and the big buyers are already in. They're probably tightening their program trade stops as we speak. Most fund managers are too restricted to buy much of such an overvalued, volatile stock, the ones that have are under the microsoft ...oops, errr that's Microscope. Thanks for sharing your insights with us. Webfoot