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To: bill meehan who wrote (40245)	5/11/1999 10:10:00 AM
From: wlheatmoon	Respond to of 86076

Bill, thanks for voicing your concerns and sharing your thoughts....... mike

To: bill meehan who wrote (40245)	5/11/1999 11:04:00 AM
From: John Pitera	Read Replies (3) \| Respond to of 86076

Bill, I get the feeling that bonds can hold in this area and may rally back towards 5.50, since we did not see more more selling on the way up in yield, a few more bucks may come back into the usual suspects in stockland. It will be interesting to see if the Fed does move their bias to tightening. I suspect that they will not since the productivity number was good. Y2K will trip up the market, but I think that will be more of a autumnal event