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To: accountclosed who wrote (31807)	4/8/1999 8:05:00 PM
From: Bill F.	Read Replies (2) \| Respond to of 86076

well as you know i do the rap,am adirector of paas and i run an inestment partnership that is short only.i stared managing money in 1982 and left the long side of the business to go to the dark side in 1995 not bearish on the mkt but bearish on tech.

To: accountclosed who wrote (31807)	4/10/1999 12:18:00 AM
From: Thomas M.	Respond to of 86076

You're feeling lazy, but I'm feeling frisky. From 10/27/97 Barron's interview: The president of Seattle-based Fleckenstein Capital has nothing against technology. In fact, he's a fully credentialed geek who picked up a math degree at the University of Washington before joining Burroughs Corp. In 1976 to write mainframe software and do systems engineering. Bill switched to investment banking a few years later and then, in '82, founded his own investment-advisory firm, which he merged into Olympic Capital Management in 1990. As one of the six principals of that firm from 1990 to 1996, Bill concentrated on the economy, foreign markets and special situations. When Olympic merged with another fund group last year, Bill struck out on his own again, rolling some accounts into a new hedge fund based on the notion that extreme valuation eventually revert to the mean. Bill's RTM Fund, L.P. has been more or less short tech stocks since inception. And has taken something of a beating, obviously, as the S&P soared almost 120%. Still, 1995 to date, his short fund is up nearly 25%.