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Technology Stocks : Dell Technologies Inc.
DELL 150.84-1.0%2:11 PM EST

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To: OLDTRADER who wrote (164408)3/14/2001 6:14:15 PM
From: Sig  Read Replies (2) of 176387
 
The slaughter and layoffs are just beginning. Time for secondary brokers to turn in the keys to the Limos.
A quick scan thru the many buyers of this typical 4-letter stock shows the extent of what happened- and this occurred on only one stock......
biz.yahoo.com
Brokers sat in the office with a list of thousands of potential buyers, trusts, funds, etc who at the beginning made huge profits and begged for more techs. IPO's sold out before they even came to market, except for mandatory public sales which were so small the price skyrocketed.
If broker called same people today with a tech IPO, be prepared for curses and hangups.
It seems the easy days are over, and I can't see how or when those gross easy profits can be replaced
and assume brokerage earnings will go way down.
This may jibe with your experience...BWDIK, I am just an observer...
Sig
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