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To: Ted David who wrote (2545)	4/28/1999 9:15:00 AM
From: Guy E. Fleming	Respond to of 17683

Ted: Thanks for the response and "clearing the air." I'm also pleased that Maria took the time to explain what exactly happened with Morgan Stanley's "bad" call on IBM's earnings. (Perhaps I'm missing something but could Morgan be that Machiavellian as to steer their own clients wrong for a quick million or two ... ? I'm thinking it was just a terrible call but options expiration is always a suspicious time.) This experience/set of circumstances might make an excellent feature story for Maria/CNBC to present and discuss -- how should such situations be handled and what are the consequences? Maybe a sort of after-hours reporter's round table on the issue would be of great interest ... or maybe it's too "C-Span"-ish? One thing for sure -- this confirms just how much you guys are watched and relied upon! Guy