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To: dennis michael patterson who wrote (20255)	3/31/1999 4:59:00 PM
From: dennis michael patterson	Read Replies (1) \| Respond to of 42787

OT Now this is news!! d Page Last updated: 13:30 EST 03-31-99 Noteworthy: Allman Brothers name new member NEW YORK (Reuters) - The Allman Brothers Band wrapped up its 18-show ''March Madness'' stand at New York's Beacon Theater this week with a spectacular set highlighted by such fan favorites as ''It's Not My Cross To Bear,'' ''One Way Out,'' ''Black Hearted Woman'' and ''Revival.'' The group, currently celebrating its 30th anniversary, announced after the Beacon run that a new guitarist, Derek Trucks, will be added for a NASCAR-sponsored summer tour that begins June 12 at Red Rocks, Colo., the picturesque mountainside theater outside of Denver. The 19-year-old Trucks, who replaces guitarist Jack Pearson, is a critically acclaimed virtuoso whose slide guitar work has been compared to that of charter band member Duane Allman. The nephew of ABB drummer Butch Trucks, Derek literally grew up in an organization that constantly renews itself in the tradition of swing institutions such as the Count Basie Band and blues proving grounds like the Muddy Waters band, playing a well-known repertoire periodically freshened by talented instrumentalists. When the ABB needed a fresh start in the 1980s, guitarist Warren Haynes and bassist Allen Woody brought the group to new creative heights. When Haynes and Woody left to play with Gov't Mule two years ago, the ABB shifted its arrangement strategy into a more jazz-oriented direction, featuring bassist Oteil Burbridge, a member of the avant-garde jazz-rock group Aquarium Rescue Unit. Burbridge has found ample room for creative expression in the ABB repertoire. At the last Beacon show Sunday night, he swung through an exciting exchange with guitarist Dickey Betts on the classic ''Blue Sky'' and rolled the blues behind Gregg Allman's soulful vocal on ''Stormy Monday,'' which also featured a guest trombone solo from Dick Griffin. The crowd went wild during ''Les Breres in A Minor'' in response to Burbridge's six-string bass solo, doubled by his own wordless vocals, which added a new dimension to the song. ----- ----- ----- ----- AQUARIUM UNIT TO THE RESCUE Bassist Oteil Burbridge had a busy night March 28. After finishing the last show of an 18-night stand with the Allman Brothers Band at the Beacon Theater, he rushed downtown to the TriBeCa nightclub Wetlands to host an all-night jam session featuring a reunion of the original members of another group he plays in, Aquarium Rescue Unit. Burbridge and original ARU drummer Jim ''Apt. Q259'' White were joined by guitarists Col. Bruce Hampton, Atlanta's answer to Captain Beefheart, and Jimmy Herring, part of the highly successful ''Jazz Is Dead'' Grateful Dead interpretive group. The reconstituted ARU performed ''Compared To What,'' ''Fixin' To Die,'' ''Time Is Free'' and ''Basically Frightened'' from the band's 1992 debut album. The ensuing jam session lasted until dawn, with Burbridge joined by Gov't Mule bassist Allen Woody, Parliament/Funkadelic keyboardist Bernie Worrell and various guitarists, percussionists and vocalists on a wide array of material. The set ranged from ''Space Is the Place'' and ''Outer Space Incorporated'' by Sun Ra to material from ''Love Of A Lifetime,'' Burbridge's first solo album. ----- ----- ----- ----- GOV'T MULE KICKS HARD ON LIVE ALBUM The popular rock power trio Gov't Mule celebrated the release of its second live album, ''Live ... With a Little Help From Our Friends,'' with a powerful night of music last week at New York's Irving Plaza. The Mule, comprising former Allman Brothers Band guitarist Warren Haynes, bassist Allen Woody and drummer Matt Abts, took the stage after blazing sets from Canada's Big Sugar and whiz kid guitarist Derek Trucks. Pumping out its wide-body sound, the threesome played a cross-section of material from its own albums and two tracks recorded for the ''Hempilation'' benefit albums a cover of Steppenwolf's ''Don't Step On the Grass, Sam'' and a medley of Humble Pie's ''30 Days In the Hole'' and ''I Don't Need No Doctor.'' The crowd delighted to Mule's hard-nosed remakes of Black Sabbath's ''War Pigs'' and Neil Young's ''Cortez The Killer.'' Trucks, organist Bernie Worrell and Big Sugar guitarist Marc Ford some of the friends who helped out on the album -- joined in at this party as well. The two-disc album was recorded live at the Roxy Theater in Atlanta on Dec. 1, 1998, and also features performances by keyboardist Chuck Leavell, guitarist Jimmy Herring and multi-instrumentalist Randall Bramblett. ----- ----- ----- ----- (John Swenson is the author of numerous books on music, including ''The Rolling Stone Jazz and Blues Album Guide,'' scheduled for May 1 release by Random House/Rolling Stone Press. He can be reached online at PLTRHD(at)aol.com. Opinions expressed here are his own.)

To: dennis michael patterson who wrote (20255)	4/1/1999 1:22:00 PM
From: Robert Graham	Read Replies (2) \| Respond to of 42787

AMZN quickly filled gap up and is remaining under water. Yet another sign to start taking profits in the Internets which should of begun before today. YHOO went into a tail spin yesterday on the intraday chart. This stock lead the tech sell off. This market has the potential to sell off more. Gaps up on key stocks was predictable in order to facilitate an interim bottom in the selling. Yesterday prices quickly dropped at a key intraday support in order to facilitate a bounce in the market which did happen. Do not confuse the bounce yesterday and the interim bottom today with market strength. After multiple unsuccessful attempts at 10000 with one failed attempt at remaining above this mark, I have become more bearish short term on the market. The Internet "bellweather" AOL was even starting to break down yesterday but managed to stay above its intraday low. The gap up you saw at the open was definitely not enthusiasm. The gap up with this and other stocks was an attempt to help the market put in a bottom. Do not confuse the two. The gap was filled in short time. This is no sign of enthusiasm. You just got lucky today. Gap ups can be noted in MSFT, AOL, YHOO, AMZN, INTC, SUNW, TXN, EMC, and other notable stocks. Current market action and sentiment does not support this broad based gap up. Subsequent price action also does not support enthusiasm driven pricing. IMO this was a mark up of stocks that was not sentiment driven. Most all of these stocks closed their gaps, and only a few saw buying after the gap was filled. Most all are in congestion right now. A few notable stocks are underwater like AMZN and AOL. The breakdown of YHOO should of been your first alert that something was up. The following rather steep market sell off in DJIA, SPX, and NASDAQ indices that did not respect important intraday supports should of been a second clue. The filled gap today on many key stocks should be confirmation that this is a downward biased market and more selling can come. Short term sentiment in the market is now negative as it first showed up in the DJIA price action. No enthusiasm to be found here. The breakdown witnessed today had its signs all the way up to minutes before it occured intraday. There were also signs on an interday basis. The DJIA is in the worst shape. It is important for the S&P 500 to hold above a key support that once broken would move it right back into its length trading range that it broke out of earlier. I am beginning to see volume validating downward moves by stocks and indices. I am also seeing a move of money to blue chip type of stocks in the NASDAQ market. Now I need to get my tape feed working in order to validate some of my observations. Bob Graham