Cents and Sensibility - Kimberly and Friends' Consortium Message Board

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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: Jane4IceCream who wrote (95930)	4/13/2000 12:42:00 AM
From: John F.	Read Replies (2) of 108040

Yeah, one thing that bothers me is the fact that the market dropped so hard today. I assume the trigger was the MSFT report by GS. In that report GS only trimmed the rev outlook for MSFT on slowing a pc sales outlook ( biz.yahoo.com ). And, it seems like no one realize that the news was kinda old news. ML issued a report yesterday on Compaq citing slowing sales ( biz.yahoo.com ). Seems to me we got a sell-off today on old news. The MOT guidance disappointment was yesterday, right? What else if anything triggered this sell-off? And what caused volume to pick up in the last hour? Looks like everyone is looking for any excuse to sell. Then again, perhaps some of the End of Day Selling was margin related. Good Luck!

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