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Pastimes : Ask Mohan about the Market

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To: Joss who wrote (15969)7/6/1998 6:01:00 PM
From: John Hunt  Read Replies (1) of 18056
 
<< Yahoo .... The stock is shooting up! I don't get it. >>

Steve,

The internet stocks are a mania right now ... They are not trading on earnings or other fundamentals. This mania is being made worse by shorts being forced to cover due to margin calls.

Of course, just my humble opinion.

John

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