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Technology Stocks : AUTOHOME, Inc
ATHM 23.81-1.1%3:59 PM EST

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To: zalesky who wrote (11143)6/14/1999 5:01:00 PM
From: James F. Hopkins  Read Replies (1) of 29970
 
It's all in the liquidity of the NUT FUNDS, they own them all, and
nothing can stop falling until AOL bottoms..
Hasn't got fraze to do with news any more it's all forced selling
in the entire sector.
While maybe JP6 just buys one or two internuts trying to pick
what he thinks is best; the bigger players put money
in all of them but more in the big caps..so until the bigger
cap nuts find a bottom none of the others can with the exception of
some real small micro caps who are not in any of the derivative
traps.
It's now a case of liquidity and the bears have the upper hand.
I may try some at 70 but won't keep it if AOL keeps falling.
Don't get me wrong I hate AOL, but I won't fight the way
money flows, even if I think it's silly.
Jim
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