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To: GST who wrote (61986)6/11/1999 4:28:00 PM
From: Sarmad Y. Hermiz  Read Replies (1) | Respond to of 164684
 
GST,

I have to disagree with you most violently. No, not that. just streneously, except I can't spell that. Anyway. I don't think the "market" will go down in the sense of everything. Just non-productive assets will get a kick in the teeth. I am betting a good amount that LSI, CUBE, SFAM, SEG, various oils, disk drives, and such will do just fine. However, 200 dollar stocks with 5c earnings will be cut down.

But I have some cash in case we get a "buying opportunity" when the FOMC meets.



To: GST who wrote (61986)6/11/1999 6:34:00 PM
From: KeepItSimple  Read Replies (6) | Respond to of 164684
 
My thoughts exactly. I am now fully short in my entire account, with almost no available cash. (i never go on margin)

The carnage in the internuts is just beginning. ALL of them are going to lose 90% of their value within 1 month.

Remember how 1 month ago I told everyone to mortgage their home and buy AOL puts? You'd have made 400% by now. I made even more, because I bought AMZN puts too. :)

> "the market is going to get its teeth kicked in and millions of people are never
> going to see their money again."