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Technology Stocks : Preference Technologies -- Ignore unavailable to you. Want to Upgrade?

To: StockDung who wrote (104)	4/16/2000 11:29:00 PM
From: afrayem onigwecher	Read Replies (1) \| Respond to of 460

Shorts on Message Boards Do you even know how "shorts" work ? They bet that a stock will go down,just like you bet a stock will go up. Now a year ago when I asked broker friends of mine if the internet message boards will have any affect on a stock. They ALL laughed at me and said those idiots having an affect on a stock ! Well I asked those same friends this last week, and the answer from all YES! message boards and "shorts"(some) can manipulate with lies, and deceit. Let me tell you what I have seen on two different boards . One stock was $8 and a "pack" of shorts come on and posted total lies about SEC violations,and "class action lawsuits".There was 15-20 of these manipulating "shorts". The stock went from $8 to $6 overnight without cause -just these manipulating "packs" posting total lies. Another board I had seen about 15 months ago had a bunch of "regulars" on the board. Problem was these "regulars" were the nicest bunch of mostly elderly people you would want to know and talk with. The stock was about $18 and then came "the pack" of shorts. There were again 15-20 of them. They got the elderly so scared that they would not fight and just stopped posting. Thus leaving the board totally to these manipulating "shorts". The stock went from $18 to $10 without reason just lies posted by these liars. Do you understand a little now? Let me say this to you and I want you and the whole board to think about this statement. IT IS EASIER TO SCARE PEOPLE INTO SELLING THAN IT IS TO SCARE PEOPLE INTO BUYING A STOCK. Now think about that, you have elderly that invest and find their way to the message boards only to see false posts about "SEC Violations" and "Class action suits" or you have a Yuppie with a kid to put in college going to these message boards only to see posts by 15-20 (probably 5 or 6 under alias) "pack of shorts" posting the same false stuff about SEC Violations or lawsuits or "there's bad news coming out" ....what do you think they will do ? Let me ask you people who don't like my attacking back ways, language etc... Do you think for that elderly person and that Yuppie with the college kid -that it would be easier to take the money out of the stock with these rumors and put the money back into the bank? Another question :do you think it is easier to take money out of the bank and invest it into stock....or easier to take the money out of the stock and put it back into a safe bank ? It's easier to sell the stock and put the money into the bank for nervous people like the elderly and the Yuppie who needs college funds. THAT'S WHO THE PACK OF SHORTS PRAY ON AND DEPEND ON. They bet on a stock to go down-not up! . Understand? And they have just as much money and risk as you. But they have the edge of fear, lies, falsehoods to post and pray on the nervous. Longs don't have that. Credit for post to skidiver3 Did you know that thousands of smart investors subscribe to the free dimgroup.com weekly newsletter. Find out what it is all about by viewing a Sample issue. -------------------------------------------------------------------------------- \|

To: StockDung who wrote (104)	4/18/2000 6:24:00 PM
From: afrayem onigwecher	Read Replies (1) \| Respond to of 460

Nasdaq Sets Second Straight Record Dow Gains 185 Points By EILEEN GLANTON .c The Associated Press NEW YORK (April 18) - Prices rose sharply on Wall Street today, giving the Nasdaq composite index a second straight record gain, as the stock market extended its rebound from last week's rout. The Nasdaq's gain of more than 250 points, coupled with its 217.87 point advance on Monday, more than wiped out the 355.49-point plunge the technology dominated index suffered Friday. Today's gains were spread across the market, an improvement from Monday's performance, in which key indicators soared but more stocks fell in price than rose. Some of the most notable gainers today were the Nasdaq's high-tech stocks that were among the hardest hit last week. The Nasdaq rose 254.41, or by 7.2 percent, to 3,793.57, according to preliminary calculations. The advance surpassed the previous record for a one-day point gain, 217.87, that was set just Monday. Today's percentage gain was the second-largest on record for the Nasdaq and the best since the bounceback from the October 1987 crash. The Dow Jones industrial average, meanwhile, rose 184.91, or 1.75 percent, to 10,767.42. On Monday, the average of 30 blue-chip stocks soared 276.74 points following Friday's record drop of 617.78 points, which means the Dow has now recovered 461.65, or nearly 4.5 percent of that plunge. Wall Street analysts said they were impressed by today's advance, which drew support from a rebound in big-name technology stocks including Sun Microsystems, Microsoft and Cisco Systems. But they warned they weren't ready to call the market fully recovered from last week's plunge that was caused by worries about interest rates and fears that high-tech stocks weren't worth the high prices they had commanded over the past year. Today's advance, in which advancers outnumbered decliners by a margin of nearly 2 to 1, was more broad-based than Monday's rebound, which reflected bargain-hunting among beaten-down big-name stocks. In overseas trading, Asian stocks, which swooned Monday on worries about the selloff on Wall Street, regained some lost ground today, although Japan's main stock index fell on worries that any recovery bid from the global selloff could prove fragile. European stocks rose. In trading on Europe's major exchanges, key indicators were up 1.32 percent in London, 1.4 percent in Paris and 0.1 percent in Frankfurt, Germany. Japan's 225-issue Nikkei average dipped 0.2 percent in a volatile session that saw it up by as much as 1.7 percent in the morning and down by more than 2 percent in the afternoon. The Nikkei had tumbled 7 percent Monday, when Asian exchanges were gripped by panic selling in response to heavy losses last week in New York. Wall Street's gains Monday eased many of the more extreme fears in Asia, but traders were more cautious than optimistic after seeing shares take such huge recent hits. Japanese Finance Minister Kiichi Miyazawa sought to calm investors, saying today that his nation's economic recovery appears healthy enough that the sharp plunge on the stock market should have minimal impact. 'Since the strength of Japan's recovery is quite strong, I'm not that worried,' Miyazawa said. But he added that he would be closely watching U.S. shares. In Korea, the key indicator in Seoul rose 5.6 percent after plunging 11.6 percent Monday. In Hong Kong, where the blue chips had fallen 8.6 percent on Monday, the Hang Seng Index gained 3.5 percent today. Jones, the economist in Tokyo, warned that the prospect of higher interest rates could put a further damper on any renewed stock rallies. 'With all major central banks thinking about raising rates, or raising them, that's a difficult environment for equity markets in general,' Jones said. 'It's hard to be too optimistic about the outlook for stock markets around the world as long as central banks are in this kind of mode.' AP-NY-04-18-00 1655EDT