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To: Mike M who wrote (43515)	3/2/1999 6:14:00 PM
From: Sarmad Y. Hermiz	Respond to of 164684

Mike, >> the day we have no sequential high may well be the beginning of the new decline.... Yes, it is too early to tell. It did go down 10 points one day last week. But today is different. Volume was relatively heavy for a down day. And it was down all day from the start. In combination with the prev 10-pt decline, today may knock some sense into the people who think net stocks only go up. I hope they talk it up back to 140 very soon. Although I think "they" will save their ammunition for Q1 report. They may get a chance to convert the debt at that time.