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To: John Carpenter who wrote (15289)	5/6/1999 2:20:00 PM
From: Steeny	Respond to of 41369

The bond market has already accounted for a 25Bp move by the Fed. If tomorrow's unemployment # comes out weaker than expected, the bond and stock markets will fly. If it comes out slightly greater than expected, watch for a mild recovery in the markets(buy the rumor,sell the fact). If we get much stronger than expected, watch for a selloff. It is very rare for a number to surprise in the same direction which the market has been moving. 9 out of 10 times, bonds and stocks selloff the day before unemployment and begin a rally soon after the # comes out.

To: John Carpenter who wrote (15289)	5/6/1999 2:50:00 PM
From: red_dog	Respond to of 41369

Perhaps the best strategy for high speed cable access is not to invest in high speed cable access at all. After all, we have high speed cable access today and most consumers choose to get their internet access more cheaply through phone lines. Only one reason for that the infrastructer isn't in place yet. Check back when they complete cable installation. Most people I talk to are all waiting for it. Mark on CNBC was saying for a while that he couldn't wait for it to get to his neighborhood, so as he could get it.