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Technology Stocks : Avant (AVNT)
AVNT 34.01-1.0%11:59 AM EST

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To: Cautious_Optimist who wrote (1596)11/26/1997 9:44:00 AM
From: Cosmo Daisey  Read Replies (2) of 3441
 
John,
Squawk Box continues to hammer AVNT this morning and Jim Bob Cramer explains that Fidelity, Amerindo and VonWagner are "constantly buying in the face of weak fundimentals"
The rumor regarding how Fidelity got caught with the big position is they had their legal experts check out the lawsuit and they didn't think that any products would be enjoined from sale by the court. Mark Haynes says "of course we all know that was wrong because on Friday it was enjoined, what a big screw up" The CNBC announcers and Jim Bob are all ammazed at the stupidity of the funds who are tring to support the stock.
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