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To: Khris Vogel who wrote (2054)	12/11/1998 10:52:00 PM
From: Ted David	Read Replies (1) \| Respond to of 17683

We would, but we are totally tied up with compiling latest load factors for National Airlines. -td

To: Khris Vogel who wrote (2054)	12/12/1998 2:41:00 AM
From: peter gucker	Respond to of 17683

>> Thank you, Ted. It was a little more than obvious to 99% of the board, but we all know that the 1% in question is just more than a little reality-challenged.<<Interesting that you should say that. My question is why did the Fed deem it necessary to lower rates twice within a two week period ? What new "news" occurred in that period before the last rate cut? Is it possible, that because after the first lowering, irrational exuberance had not returned to the market. Who was selling into the rise after the," irrational exuberance" returned. I wonder. No market manipulation? Look again. imho