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To: Hyperpy who wrote (2776)7/26/1999 2:38:00 PM
From: Sir Francis Drake  Read Replies (1) | Respond to of 10027
 
I guess a variety of reasons.

Fundamental: worries about ECNs. Growth slowing compared to last quarter. Fears about market share shrinking.

Technical: no reason to go up - good news all out. Lock up shares fears, (which also makes shorting seem safer). Massive shorting and/or selling.

Morgan