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<DIV><FONT size=3><FONT face=Arial><FONT 
color=#000000>Norman,</FONT></FONT></FONT><FONT color=#000000><FONT 
face=Arial><FONT size=3></FONT></FONT></FONT></DIV>
<DIV><FONT size=3><FONT face=Arial><FONT 
color=#000000></FONT></FONT></FONT><FONT color=#000000><FONT face=Arial><FONT 
size=3></FONT></FONT></FONT>&nbsp;</DIV>
<DIV><FONT size=3><FONT face=Arial><FONT color=#000000>Excellent advice for 
Brian-wise words indeed !!</FONT></FONT></FONT><FONT color=#000000><FONT 
face=Arial><FONT size=3></FONT></FONT></FONT></DIV>
<DIV><FONT size=3><FONT face=Arial><FONT 
color=#000000></FONT></FONT></FONT><FONT color=#000000><FONT face=Arial><FONT 
size=3></FONT></FONT></FONT>&nbsp;</DIV>
<DIV><FONT size=3><FONT face=Arial><FONT 
color=#000000></FONT></FONT></FONT><FONT color=#000000><FONT face=Arial><FONT 
size=3></FONT></FONT></FONT>&nbsp;</DIV>
<DIV><FONT size=3><FONT face=Arial><FONT color=#000000>Confirmingly 
('Norm'speak),</FONT></FONT></FONT><FONT color=#000000><FONT face=Arial><FONT 
size=3></FONT></FONT></FONT></DIV>
<DIV><FONT size=3><FONT face=Arial><FONT 
color=#000000></FONT></FONT></FONT><FONT color=#000000><FONT face=Arial><FONT 
size=3></FONT></FONT></FONT>&nbsp;</DIV>
<DIV><FONT color=#000000 face=Arial size=3>Robert</FONT></DIV>
<DIV><FONT size=3><FONT face=Arial><FONT 
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</x-html>From ???@??? Thu Dec 23 10:09:34 1999
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Date: Thu, 23 Dec 1999 07:45:03 EST
Subject: [RT] Re: Dilemma
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Status:   

The public is very bullish. I was at a Christmas party last night in a 
Washington DC suburb and people are fat and happy. They are buy and hold, 
long term bullish and convinced that if the market goes down it will come 
back because it always has, etc.
Some are moving their stock funds now from index funds, since the S&P 500 has 
underperformed the NASDAQ, to agressive growth funds or they are just buying 
some of these Tech stocks such as CMGI, Qualcom, DELL. Valuation means 
nothing to them because the market seems to always go up.

Go figure,
Howard