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Technology Stocks : WCOM

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To: Tom_ who wrote (5464)12/2/1999 11:13:00 AM
From: JDN  Read Replies (1) of 11568
 
Dear Tom: I just want to point out again that Lehman really only adjusted their revenue growth to the consensus estimate. Whether in error or for devious reasons Wall Street (the biggest rumor mill in the world) jumped the gun and caused the drop in the price yesterday. If you all will look at the volume today you will see the people scrambling to restore their positions. I am belaying this point as I know there are a lot of younger investors who are on SI. It would behoove them to remember what happened here. It is not unusual at all. More experienced investors call this background "noise" and ignore it. JDN
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