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To: Frank Ellis Morris who wrote (21814)	12/9/1998 10:58:00 PM
From: billwot	Read Replies (1) \| Respond to of 27012

Frank-Re: CPQ and computer industry in general I have a real estate client who is an in-house consultant for a major bank in this area. He is working on their Y2k program. He says very few people grasp the magnitude of the problem. It will entail massive hardware replacement. He told me if I owned CPQ, hold it and buy more. If I don't own CPQ, I should buy some. (I do, of course, own CPQ.) He says there will be an almost unimaginable surge of PC sales associated with Y2k. billwot

To: Frank Ellis Morris who wrote (21814)	12/10/1998 12:49:00 PM
From: Sonny McWilliams	Read Replies (1) \| Respond to of 27012

Frank. Yes, we will see the day, hopefully, where the NAZ goes up 60 points again. We have seen it already but no dice today. gg. Thanks for congratulations on CPQ. If I had looked in my crystal ball I would have bought today. Frank, concerning my margin. I have a margin account, so once I buy on margin everything bought thereafter is bought on margin. Let's say you buy 5000 dollars on margin and your portfolio goes up by 5000 dollars, you are not on margin anymore. If none of your stocks in your portfolio go up, your margined stock would have to double before you off margin. And you need a little more if you count the interest. If you buy a stock on margin at 8% interest, your stock will have to go up 9% before you make 1 % profit. So you have to pick a stock you feel that will go up at least 9% for the year to make some profit and 8% to come out even. If you are holding the stocks you bought for 5 years, I am sure that you would make double your money even with interest. Of course, we never know for sure what the market will do, so my saying: I am sure, is really hypothetical. Sonny