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Technology Stocks : America On-Line: will it survive ...?

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To: IKM who wrote (6418)12/15/1997 12:58:00 PM
From: James F. Hopkins  Read Replies (1) of 13594
 
A 4 pt dump of MSFT is not so oderly..it may look so..but she has
a huge market cap..funds own a lot of her..so that cuts into
their Navs real bad, and they are spooked but trying to get out
the best they can, they know it's a rout, good heaven seg selling
off again..holy cow..were is the bottom at.
What till T gets hit latter this week, were is IBM..it's when
thoes biggies fall every thing has to go in this sector..
the funds may have had money a few days ago..but people start
bailing out of funds and this market is shot all to hell.
Jim
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