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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: Earlie who wrote (40034)	6/15/2000 3:39:00 PM
From: Ilaine	Read Replies (1) \| Respond to of 42523

Someone mentioned yesterday that it looks like a bubble is forming in optical companies - take a look at Corning (GLW).

To: Earlie who wrote (40034)	6/15/2000 3:44:00 PM
From: pater tenebrarum	Read Replies (3) \| Respond to of 42523

Earlie, you are quite correct that there's a lack of firepower. margin debt is still extremely high, and fund inflows have become erratic at best. the credit markets are extremely strained, with corporate spreads reaching new wides. but, it's end-of-quarter for the funds, so they will go and gun the index heavies, no matter what. and NYSE members have been buying heavily for five weeks in a row...to effectively distribute their inventory, the guise of a 'summer rally' must be kept alive.

To: Earlie who wrote (40034)	6/15/2000 3:49:00 PM
From: Broken_Clock	Read Replies (1) \| Respond to of 42523

Earlie... Speaking of sucking sounds....Charlie Schwab has been dumping some serious cash into the Kona real estate market. His exit strategy is being built on 3 adjoining lots at the 4 Seasons as we speak. He picked up 3 side by side 1/2 acre lots for a cool 12 million and his having his monument to foolish day traders built there. -g- He also picked up a 1,000 acre subdivision property. He's making 30%, but it's not on Wall St. this year!