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Technology Stocks : Stock Swap
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To: Tech Master who wrote (15397)9/1/1998 12:34:00 AM
From: Jeffrey S. Mitchell  Read Replies (1) of 17305
 
I'm going to go out on a limb on this "flight to quality" stuff. I think it's the quality stocks that will get hit tomorrow. The average investor that only buys the Dow stocks is probably pretty freaked right now. They're probably facing margin calls and are probably going to panic and sell at the open tomorrow. I also expect the early selling to kick in some stop orders and some programmed selling.

So, in other words, what seem like bargains today will look even better tomorrow.

- Jeff
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