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To: jmanvegas who wrote (4759)	6/14/1999 10:38:00 AM
From: whitephosphorus	Respond to of 13157

Re; price action Like it or not we get caught up in the internet web. Check out a few of those names! Insider selling doesn't help either.

To: jmanvegas who wrote (4759)	6/14/1999 10:52:00 AM
From: david barr	Read Replies (2) \| Respond to of 13157

I believe that a large part of the sell off is due to margin. Can't find the statistic but it was something like this: 2/3 of available margin was in use in April. Now, please don't quote me on that. I simply read it somewhere here in SI and I believed it. So, my opinion is simply that as the Inets fall the margin calls come in then more selling takes place. Then people try to buy in again at lower prices (on margin again) and the cycle continues.