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To: Voltaire who wrote (17186)	5/14/1999 11:36:00 PM
From: Boplicity	Respond to of 41369

From the Worden Bros. A few Yuks. TIPS & HINTS Thursday, Friday, May 14, 1999, 4:00 P.M., ET In 218 B. C., the Carthaginian general Hannibal crossed the Alps and played havoc with the defending Roman legions of Italy, winning a number of brilliant battles, although never taking Rome itself. For many decades thereafter, when Roman parents wanted to get some discipline across, they told their kids to watch out or "Hannibal would get them." We all know that history repeats itself. It may well come to pass that, from the low-lying canyons of Wall Street to the dizzying heights of Mount Fuji, children may some day be admonished that Greenspan will get them if they don't rein in their irrational exuberance. In the meantime, we have to wait until Tuesday to find out what his "bias" is going to be in the wake of what could be construed as an inflation unfriendly CPI report. In other words, how does Alan feel? At night does he have dreams of winning mighty battles against inflation? Or does he see himself as a pensive seer, deep in thought, gentle of manner? These are the clues we must look for if we are to discern his "bias." Of course, he may just tell us – in 20 or 30 carefully crafted sentences averaging maybe 3 or 4 hundred words each. The market is scared, and the whole thing looks a little pat to us. We suspect things aren't as bad as they seem, but there is no doubt that Greenspan holds enormous power on the tips of his sometimes-forked tongue. We'll wait, but we don't think anything will happen to break the back of the market next week. Here are a few interesting daily charts to look at. COMS, LGTO, PCLN, MOT. All have a bullish "bias."

To: Voltaire who wrote (17186)	5/14/1999 11:58:00 PM
From: Ed Forrest	Read Replies (3) \| Respond to of 41369

Voltaire As always you are the voice of reason.My concern is perception,which is reality.The market thinks "the sky is falling" therefore it is.Short term,heartache,long term ,obscene profits. Ed Forrest

To: Voltaire who wrote (17186)	5/15/1999 2:39:00 AM
From: freeus	Respond to of 41369

rally Hope so My May calls are almost in their grave. Freeus

To: Voltaire who wrote (17186)	5/16/1999 12:38:00 AM
From: ed	Respond to of 41369

People just think about the inflation but did not think about the deflation of last year. So, this inflation is actually a good new, and it prove that corp America's profit margin will improve in the coming years, while the price hike will not overset the price reduction which happened since two years ago. So, in reality , after the latest round of price hike, the real price is still lower than two years ago where during the past two years we have a serious deflation, and which hurt corp's earning.