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To: Jenne who wrote (8032)	5/9/1999 12:43:00 PM
From: George Martin	Respond to of 19700

Jenne - Thanks for comments. Appreciate your many contributions on numerous SI threads and respect your well-considered opinions. Be interested to hear more of your comments, predictions re: << I think the new economic paradigm is real. 30-yr bond yields should settle down to 5.50 again and NASD should enjoy a huge rally but to lower highs and then a major correction..>> Good point also about the inevitable annual tech "swoon", sometimes "monsoon" -- maybe it's here earlier than the usual summertime arrival. ** OT : Also would be interested in any opinions you have about when you see the Y2K lid coming off the software ERP and other sectors? Seems like this could be a significant investment timing opportunity. Good luck -- George Martin

To: Jenne who wrote (8032)	5/9/1999 12:54:00 PM
From: Jill	Read Replies (1) \| Respond to of 19700

Jenne... Have been mulling over the fact that there's always a bogeyman, that's the "tao" of the market, which is manic-depressive. Seems to me this particular market (of last few years) is a bit confused about the power of such bogeymen, however, as institutional buy/sell/churn isn't reigning quite as absolute, since individual investors also have their own mind/ways, and are more confident or even contrarian. Yet panic is still powerful...still effective...a single analyst's call can move the herd one way or another for awhile...As a friend recently pointed out, when the yen was 90 we were worried it was so low we'd all crash, when it was 150 we were worried it was too high we'd all crash, yet a decade earlier when it was 280 we were NOT worried...maybe they'll scare up some fear over inflation now, maybe not...I just buy and hold, if I were smarter about it maybe I could short-term trade on these shifts, but they're so unpredictable! Jill