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To: Hobie1Kenobe who wrote (89751)1/4/2000 10:20:00 PM
From: Jan Crawley  Read Replies (1) | Respond to of 164684
 
We have to ask Victor to stop talking about Pcln; so it can go up. <g>



To: Hobie1Kenobe who wrote (89751)1/4/2000 10:21:00 PM
From: GST  Read Replies (2) | Respond to of 164684
 
JF3 -- ten years after the peak of the Japan market it is still down 50% -- get a grip -- there is no script. If a trillion dollars, or two trillion or three trillion, is wiped out in leveraged bets on profits that just went poof and just don't exist anymore, it is a new game.



To: Hobie1Kenobe who wrote (89751)1/4/2000 11:15:00 PM
From: Victor Lazlo  Read Replies (1) | Respond to of 164684
 
Right JF3, they will buy back in again.

CNBC quoted somebody from a mjor broker saying that in 2000, they estimate $30 billion per month in vested stock options will be sold into floats, v. 20 billion/mo in 1999.

But what will they do with all that $$? Probably either invest in stocks, or invest in private placement start-ups.

Victor


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