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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: bobby beara who wrote (22997)	8/13/1999 4:07:00 PM
From: Joan Osland Graffius	Read Replies (3) \| Respond to of 99985

bb, >>If the market was fully liquid it would sluff off greenspan and would have given the great earnings reports from microsoft and others a nice boost, instead of an almost 20% sell-off in soft. Interesting thought. You don't think some of the money managers and investors are looking at the balance sheets and recognize companies like Cisco, MSFT, INTC etc., have no earnings growth because of the stock options. Joan