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Technology Stocks : America On-Line (AOL)

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To: Annette who wrote (33824)11/7/1999 9:26:00 PM
From: Dr. David Gleitman  Read Replies (1) of 41369
 
S&P futures down 13.2, NASDAQ down 33.5. This appears to be the excuse options players need to bring down the valuation. What doesn't make sense to me is that why should the markets be afftected by this slap on the wrist/genitals (depending upon the remedies given) by DOJ. How does this affect the overall valuation of stocks. In the case of Options expirattion, as Rosanne Rosanna Dana would always say... "....It's always something.....".

Let's hope that this nonesense doesn't spoil the gains from this past rally.

David
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