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To: Dave who wrote (7743)	2/15/1999 9:24:00 AM
From: stiltz1	Read Replies (3) \| Respond to of 27722

Oh, Dave, by the way, you do not think postponing the ipo was bad news, or the little accounting "irregularity" given to us on earnings day? My god, if that isn't bad news, what is? navr goes bankrupt; I guess you would consider that bad news.

To: Dave who wrote (7743)	2/15/1999 9:32:00 AM
From: Bruce Denney	Read Replies (1) \| Respond to of 27722

stiltz...as I stated long ago...If you would have purchased MS shares every time Gates sold --------you would no longer need to worry about anything. Insider sales show very little here. IN the many years it has taken to develop this product Paulson has kept most of his. Why don't you find some other reason for your shortness. IF you need to use Gates or Allen for this purpose you are really mis- informed. Find some other legitimate reason to knock this stock. BD