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To: itsron who wrote (2778)10/20/1999 7:39:00 PM
From: Don Edgerton  Respond to of 15615
 
Talking about the houses. It is obvious from the decline in IBM that the houses knew the problems and liquidated over the past month while holding their ratings. The ML analyst pulled IBm from the top 10 list but restated his buy. That was a subtle signal to get the hell out. Most retail long term holders would stick it out and not take the hint. Now the other shoe drops and they pay a second time for the intellectual dishonesty of the analyst. Fire sale on IBM tomorrow. Unfortunately that plus this TV BS will undo the good that MS did today.

May give me another chance at those Q LEAPs I want.