SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : CMGI What is the latest news on this stock?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Its a Ripper who wrote (7660)4/28/1999 9:07:00 AM
From: wiz  Read Replies (1) of 19700
 
Its a Ripper

>>I heard the opposite of you that the meltdown last monday wasn't as bad as originally suspected.<<

Thanks for the post. I wouldn't believe that the meltdown would be that bad, but the comments on the various threads were desparate. I read an article about the situation, and one of the main posters on the Amazon thread(no names-g-) was getting a margin call(he is fine now I'm sure). Another guy who had turned 120,000 into 28,000, and had figured that all that had to happen was that AOL had to go to 600 or so for him to break even.-g- He was being reasonable though... he figured it might take a couple years!-g- The mentality..(granted it might be a minority) is pretty scary.
What I love is that every Tom dick and Jane is now a daytrader! People who never owned a stock in their life are margined on AOL, and AMZN.-g-
As Bruce Coburn says... "we're livin.. in a dangerous time"-g-

good luck

Mark

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News