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Technology Stocks : ADI: The SHARCs are circling! -- Ignore unavailable to you. Want to Upgrade?


To: BostonView who wrote (1627)4/5/2000 9:15:00 AM
From: Mike 2.0  Read Replies (1) | Respond to of 2882
 
The 2 great Satans: Panic selling and margin calls.

If people have dodged those two bombs so far, they'll be fine. It's the people who bought ADI et al on a "tip" who got scared out of their stocks at the bottom. And those who built a house of cards on margin had no choice. Clearly, a vast multitude of investors succumbed to one or the other, or maybe both. I anticipate a higher open but then selling into strength as bottom feeders cheerfully take their profits.

Good luck all
Mike