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To: Sonki who wrote (21633)	12/1/1998 5:12:00 AM
From: Frank Ellis Morris	Respond to of 27012

Good Morning Sonki, I do not plan at this time to buy any more AOL but want to keep the number of shares I own for the long term. I had suspected that there would be a considerable decline at some point because there was a mania on the portals that was just out of control. AOL is the only stock that I have on margin and it is less then 10 percent of my holdings. I plan to hold it for 5 years and see if this was the right thing to do. I think time will be on our side. The S+P futures this morning are not looking well so we may be in for some more selling. Best Wishes Frank