By the way, did you resolve Zachary's "fund" issue?  Sas
ps  I'm going to call you when I get a break.  I learned that I have a ticket 
to the game on Sat.  Oh, joy!
---------------------- Forwarded by Sara Shackleton/HOU/ECT on 04/20/2000 
10:32 AM ---------------------------


"Cohen, Alec" <Alec.Cohen@creditlyonnais.co.uk> on 04/20/2000 08:32:56 AM
To: "'peter grancaric'" <pgrancaric@hotmail.com>, 
"'Randolph_E.J._Medrano@LNOTES3.bankofny.com'" 
<Randolph_E.J._Medrano@LNOTES3.bankofny.com>, "'Rex B Walker'" 
<Rex.B.Walker@aexp.com>, "'Robert Deraney'" <rderaney@mindspring.com>, 
"'Rudge, Neal'" <neal.rudge@unistudios.com>, "'Sara Shackleton'" 
<Sara.Shackleton@enron.com>, "'Senequier, Herve'" <herve.senequier@eds.com>, 
"'Steinberg, Leonard'" <LES@corcoran.com>, "Tam, Michael" 
<Michael.Tam@CLAmericas.com>, "'Tom DiVivo'" <tdivivo@hotmail.com>, "'tom 
ford'" <tomivd@imageworks.com>, "'Tudo, Mark'" <Mark.Tudo@disney.com>, 
"Whitefoot, Joanne" <Joanne.Whitefoot@creditlyonnais.co.uk>, "'Wickstrom, 
Daryl'" <Daryl.Wickstrom@sothebys.com>
cc:  
Subject: FW: Humble Pie - This one is worth a read...



-----Original Message-----
From: Cohen, Alec
Sent: 20 April 2000 14:25
To: Abukhadra, Omar; Greenberg, David; Salaman, Erinn; O'Donnell, Dan; 'Adam
Cohen'; 'AElkwood@aol.com'; 'Alan Rogowsky'; 'Andermanny@aol.com';
'anders.jacobsen@db.com'; 'Andrew_Moore@wasserella.com'; 'Bammer47@aol.com';
'bernard.citroen@paribas.com'; 'bill 3west'; 'Brock, Bill';
'Bruce_Miller@lnotes5.bankofny.com'; 'Campodonico, Peter';
'Conco1961@aol.com'; 'David Alexander'; 'David Maier'; 'Deborah S. Levine';
'DRKirsty@aol.com'; 'Elshorbagi, Mostafa (London)'; 'FAYEMIKE@aol.com';
'gapfelbacher@cgsh.com'; 'Garrison Witten'; 'Gilad Merioz'; 'Grancaric,
Peter'; 'Gregory Kerr'; 'J Wynne-Williams'; 'James Ramos'; 'JC Calciano';
'Lawrence, Peter'; 'May, Bill'; 'May, Edward J (Edward)'; 'MetCet7@aol.com';
'Michael Nazworth'; 'Moran, Mike'; 'Nel Bloom'; 'Nicole Neuefeind'; 'Otho E.
Kerr III'
Subject: FW: Humble Pie - This one is worth a read...





> Sing this to "American Pie."
> Humble Pie
>
> A long, long week ago
> I can still remember how the market used to make me smile
> What I'd do when I had the chance
> Is get myself a cash advance
> And add another tech stock to the pile.
>
> But Alan Greenspan made me shiver
> With every speech that he delivered
> Bad news on the rate front
> Still I'd take one more punt

>
> I can't remember if I cried
> When I heard about the CPI
> I lost my fortune and my pride
> The day the NASDAQ died
>
> So bye-bye to my piece of the pie
> Now I'm gettin' calls for margin
> 'Cause my cash account's dry
> It's just two weeks from a new all-time high
> And now we're right back where we were in July
> We're right back where we were in July
>
> Did you buy stocks you never heard of?

> QCOM at 150 or above?
> 'Cos George Gilder told you so
> Now do you believe in Home Depot?
> Can Wal-Mart save your portfolio?
> And can you teach me what's a P/E ratio?
>
> Well, I know that you were leveraged too
> So you can't just take a long-term view
> Your broker shut you down
> No more margin could be found
>
> I never worried on the whole way up
> Buying dot coms from the back of a pickup truck
> But Friday I ran out of luck

> It was the day the NAAAASDAQ died
>
> I started singin'
> Bye-bye to my piece of the pie
> Now I'm gettin' calls for margin
> 'Cause my cash account's dry
> It's just two weeks from a new all-time high
> And now we're right back where we were in July
> Yeah we're right back where we were in July
>
> copyright Sean Brady 2000
>
>

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