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To: J. Conley who wrote (257)4/14/2000 4:37:00 PM
From: xcr600  Read Replies (1) | Respond to of 955
 
Agreed. We are currently in a "throw the baby out with the bath water" mentality. Beginning next week some rationality will come back into the markets and we should trend back up some. There is going to be a lot of technical overhang as the stocks move back up, but I am in for the long haul. I still have a large position.



To: J. Conley who wrote (257)4/14/2000 6:56:00 PM
From: George the Greek  Read Replies (2) | Respond to of 955
 
I read the FBR report, it is a very good piece of work, and it does not surprise me, and further, is comforting to know that, as the Yahoo poster said, Heather Hunt and Liz Malone the authors are insurance sector experts. They put a forward-looking price of about $42 on the stock.

This is why I thought the stock would have legs in this very tough market. But I did not know how ugly it would become. The $10 and sub-$10 prices we've seen today are frightening (compared to my basis).

Tired, just tired of getting cut to ribbbons in this market.

George