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To: Sarmad Y. Hermiz who wrote (62389)6/14/1999 2:28:00 PM
From: KeepItSimple  Respond to of 164684
 
Just for everyone's info, I just spoke with my full service broker (the one who sends me signed christmas cards) and he said his margin department has been having the busiest day he can remember. (working the phones on margin calls)




To: Sarmad Y. Hermiz who wrote (62389)6/14/1999 3:29:00 PM
From: Jan Crawley  Read Replies (1) | Respond to of 164684
 
They can't dump it fast enough now.

Talking about dumping, I sold the 100 Pcln @82+ and a big $100 profit. Need many more to off-set the Amzn/Yhoo shares...<gg>

Don't plan to short any net stocks at all right now. Too stressful. Wait/see for a few days may be the best for us?



To: Sarmad Y. Hermiz who wrote (62389)6/14/1999 3:34:00 PM
From: Rob S.  Read Replies (2) | Respond to of 164684
 
If the market ends the day without pulling up it will have taken out many resistance points in the net stocks. The psychology is getting close to the point of panic but we are not there yet, IMO. Do you think we will see a pre-July 4th holiday move up or will "window undressing" or momentum continue to cause the sector to slide?

BTW, what ever happened to Blodgett's 300 price target? I guess if we wait long enough he may evenatually have forecasted correctly. After AOL dropped, Blodgett had the hindsight to lower his rating and projections. See why I use the term analist? Always looking at the behind.