Vodafone-Airtouch (NYSE: VOD) Message Board

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Technology Stocks : Vodafone-Airtouch (NYSE: VOD)

VOD 12.32

-0.7%

Nov 14 3:59 PM EST

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To: David Wiggins who wrote (1280)	10/7/1998 2:13:00 PM
From: Maven	Read Replies (1) of 3175

What a frustrating time this is! ATI has solid fundamentals, great growth prospects, no impending or ongoing litigation around its neck, and no regulators threatening to bring it down. So why the free-fall? I dunno! I can only speculate that ATI is a clean stock, very liquid and easy to sell in this market, which is what I believe the shaky hedge funds are doing right now. If the big funds are spooked that we are in the first leg of a bear market, they too are dumping the stock. It's a horrible case of irrational selling. Volume has diminished over the previous three days as the stock sold off--a small consolation. My charts tell me that if the stock doesn't hold 45, the next resistance level could be in the 30's. Has anyone on this thread heard any adverse news about ATI that would account for this debacle? Good luck, RSSheldon

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