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To: Jan Crawley who wrote (67117)7/9/1999 1:48:00 PM
From: H James Morris  Read Replies (2) | Respond to of 164684
 
>>; the anticipation/anxiety/momentum will keep the current price floor<<
I agree. A couple of days ago I was thinking about setting up another hedge, but with this lack of volatility it doesn't make sense until around or probably after 7/27.
Today's action is the least volatile, I've seen in months. It appears that the bulls are taking a break since the 94 to 131 run.



To: Jan Crawley who wrote (67117)7/12/1999 9:24:00 AM
From: Glenn D. Rudolph  Respond to of 164684
 
Quote Of The Day.

"Right now investors are tolerant of short term losses. But as companies burn
up equity (raised in share offerings) if they don't find a way to be
profitable, investors might not be so tolerant in the future." Alexander
Cheung, Monument Internet Fund.

"This is a bold play for dominant position." Halsey Minor, CNET (CNET) CEO on
his decision to $100 million in advertising, as compared to the $400,000 it
spent in 1998.

"There may be a lot of little companies that have really good ideas that are
now selling for a couple billion dollars that would then be selling for $500
million. That would be of interest to us." Rupert Murdoch, News Corp.,
(NWS) on
making acquisitions after there is a "major correction" in Web stocks.