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Technology Stocks : Ciena (CIEN)
CIEN 207.29-0.7%4:00 PM EST
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To: Daniel W. Koehler who wrote (2693)9/4/1998 3:48:00 PM
From: Alan Hume  Read Replies (1) of 12623
 
Hi Dan,

"Forget Russia - our banks have already marked to market to zero".

Too right!
Fear is the tool of the MM's, the brokers and the analysts. Fear is the main cause of volatility, without it, most of them would be without a job.

Someone on another thread summed it up well recently "the total russian market has about the same capitalization value as Yahoo"

Unfortunately too many people hear without thinking and act like sheep

Regards
Alan
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