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To: Uncle Frank who wrote (102221)	2/17/1999 8:24:00 PM
From: Dorine Essey	Read Replies (5) \| Respond to of 176387

Frank, Tomorrow morning is the TV show Dorine and Herb will be on ABC's Good Morning America 7 to 9am ET .Set your alarms and get the tape ready. I would imagine that ABC shares will go down tomorrow so I would suggest everyone short ABC. VBG Coffe and Donuts will be served. LOL Dorine

To: Uncle Frank who wrote (102221)	2/17/1999 9:47:00 PM
From: Knighty Tin	Read Replies (1) \| Respond to of 176387

Frank, Truth be told, it's a prejudice. Since I worked as a money manager for a score of years, I have a disdain for investing by the numbers. However, I will be the first to tell you that in up markets, indices usually outperform the average money manager. Of course, the reason is that money managers ARE the average, and as a group, they cannot beat the average. And nobody says you have to hire an average money manager. However, nowadays, most money managers are below average and would have horrible results if left to their own devices. They are business school shake and bakes. The only way they approach average performance is by closet indexing. So, for the typical investor who does not know a quality manager, indexing in an up market makes sense. In a down market, it is death on a stick. But we haven't had one of those for a long time. MB