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Technology Stocks : XLA or SCF from Mass. to Burmuda

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To: sws2001 who wrote (385)4/14/2000 9:20:00 AM
From: Chi-X  Read Replies (2) of 1116
 
XLA will be Double Digits today. Hope you enjoy! XLA longs are getting Margin Calls from their brokerages. XLA will proabably be put on the list of "Stocks that require 75-100%" margin requirements making it more difficult to own especially if it ever goes higher.

Oh btw, did you hear Howard Stern yesterday morning? He talked about how the market is falling 'cause of these overbloated net stocks... does XLA come to mind? Hmm... he said that people are putting money into stocks that haven't earned 5 cents. Then he said people are investing in any Joe-Blow's website and even he could put up a site like on geocities and people (like yourselves) would probably invest... lol. Classic!

*yawn*
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