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To: oilbabe who wrote (56170)	12/6/1999 1:55:00 PM
From: IndioBlues	Read Replies (1) \| Respond to of 95453

Right. And don't forget QCOM. The last time QCOM hit $400-ish, the internets sold off. I made out well on Dec $290 puts if you can believe that. $110 bucks out of the money!! We almost there again. Strange, strange times.

To: oilbabe who wrote (56170)	12/6/1999 1:57:00 PM
From: Think4Yourself	Respond to of 95453

You are right. These people are rich, ON PAPER. Many of these "investors" have never seen a bear market, and don't understand how quickly their "riches" will vaporize when the market turns. As slider has pointed out, the funds are prepared to turn on a dime. If any of you thought MDR dropped fast, that's nothing!! Look at what is happening to any tech stocks that dare warn of earning shortfalls. Even stop loss orders might not save folks. As some of us learned with MDR, stocks can open 25-50% below their prior close. Magnify that with margin usage and you have instant financial ruin. Bottom line is that there are likely to be a lot of "rich" folks declaring real bankruptcy very soon.