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Politics : Formerly About Applied Materials
AMAT 252.34+1.0%12:59 PM EST

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To: Mark Duper who wrote (34790)4/13/2000 5:18:00 PM
From: Terry D  Read Replies (1) of 70976
 
MD -

When they raid the brothel they throw out the good girls with the bad.

When overextended investors or mutual funds need cash - they have to sell what is liquid. And AMAT at 90 down from 115 looks a hell of a lot more appetizing than PHCM at 70 down from 200 or RMBS at 200 down from 470.

So they sell whatever has a bid - and shove the losers toward the back of the memory banks.

We need the purge - hopefully we open down 200 on Nasdaq and work it out from there. We are getting nowhere like this.

peace -

t
d
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