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To: marc chatman who wrote (37314)	2/11/1999 10:52:00 AM
From: Braddock Bull	Read Replies (1) \| Respond to of 95453

<<It probably wouldn't be prudent of me to add more FLC at any price, given my position>> Marc I couldn't agree more. Unfortunately I inherited my position in FLC as a Cliffs stockholder from way back. I averaged down once (wrong move) and I'm just not going to do it again. This stock is absolute poison and has taught me a lesson I'll never forget about averaging down prior to reversals (if at all). The funds are selling this thing like there's no tomorrow and seems they will continue to do so until the big BK is factored-in or thereabouts. I'm still a believer in this sector but I think I'll do much better saving any remaining cash for nibbling on some other stocks... like RIG at $23 and change! Good luck out there! Brad