Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 42.17

+4.1%

12:17 PM EST

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To: Paul Engel who wrote (147151)	11/8/2001 2:02:20 PM
From: GVTucker	Read Replies (2) of 186894

Paul, RE: Oh - 113 Million Cisco shares were traded by Mom and Pop on 9/17 ? All that says is that there were a bunch of buyers AND sellers. Why do you assume that Wall Street was on the sell side and not the buy side, when there were an equal number of both? In my checks that day with traders, the vast majority of the selling done on 17 Sep was done by mutual funds (indirectly Mom and Pop) and individual investors. The vast majority of the buyers were hedge funds covering shorts as well as mutual funds and Wall St firms. This is also supported by a couple of public facts. Mutual funds experienced high withdrawals for the week of 17 September. Short interest declined from mid September (and pre 17 Sep) to mid October. Once more, do you any evidence at all to support your guess?

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