America On-Line (AOL) Message Board

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Technology Stocks : America On-Line (AOL)

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To: Vendit™ who wrote (4613)	2/8/1999 5:44:00 PM
From: Cosmo Daisey	Read Replies (6) of 41369

Vendit The brokerages are creating the sell off in many stocks. The new margin requirements and no margin on several stocks is moving money to other sectors. Their excuse is volatility but they are the root cause of what is going on now. Even investors that don't use margin are reluctant to buy a stock that others are prevented from buying on margin. The brokerages have seen money flow out of their favorite stocks in favor of the internet stocks. Watch CNBC and listen to the guests talk about the oil well drillers and other stocks that have been sittilng on lows for several years and they predict that anytime now the stock will take off. I got news for you, the new internet investor is picking her own stocks and they don't always include the dogs of yesteryear. cdaisey@fido-is-a-dog.com

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