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To: James P Shaw who wrote (7535)9/27/1999 8:13:00 AM
From: John Goldthorp  Respond to of 9798
 
Jim, no argument on the "day trading"

When the margin calls come, it will be devastating. If it
happens within the context of a communications breakdown, it
will *also* be a legal and financial quagmire for the online
brokers.

And yes,as an example, Cisco is a great company that perhaps a couple of years from now may actually be worth today's price. Virtually all of the megacap techs are in the same boat. Also the internet stocks, the RHAT's, etc. etc.

John