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To: Keith A Walker who wrote (34426)	1/12/1999 8:32:00 AM
From: IceShark	Read Replies (1) \| Respond to of 164684

I have heard, still hearsay, however reliable, that Greenspan will speak on 1/22 about the Internet stock mania. Why not do it in his upcoming congressional testimony, which I believe is the 20th? He should have said something the other day in his speech in HK (I think that was where he was). He better step up to the plate quick, but I am not convinced he has the guts, or even worse, cares about the relative small fry that are driving this. They are small enough to fail and he doesn't want to take down the whole market. We are starting to see the problem of "wild" stock gains moving into the non-Inut groups which is a bad news sign so his inaction could result in his worse fears anyway. Regards, Ice

To: Keith A Walker who wrote (34426)	1/12/1999 9:16:00 AM
From: Cosmo Daisey	Read Replies (2) \| Respond to of 164684

Keith, It's not the individuals that are cranking these stocks up, it's the funds. The funds do about 70% of the trades. It's supply and demand of the stock, not the value of the company, just like it's always been. As long as there are buyers the stocks will move up. Look at INTC up 10 yesterday and indicated up 10 at the open, talk about a bellweather stock. Individuals don't have the power to move Intel, it's too big, too many shares. Indications are pointing to a split for INTC after earnings are announced at the close today, the funds love splits. Coz