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To: E. Davies who wrote (24254)7/28/2000 7:04:37 PM
From: GraceZ  Respond to of 29970
 
My instinct says that institutions accumulated during the consolidation and are now panic selling

I can believe that, Eric. They are much more the chicken little types during a serious rout than the individuals ever are. This is why I get such a big chuckle from posts where people want the small companies they own to start being accumulated by the institutional investors. They have no idea what they are asking for.



To: E. Davies who wrote (24254)7/28/2000 7:07:19 PM
From: 10K a day  Read Replies (1) | Respond to of 29970
 
I think the guys who bought the Convertible (Last month?)Shorted the Crap out of this. They need time to cover. So they hold it down for a while.....



To: E. Davies who wrote (24254)7/28/2000 7:12:15 PM
From: gpowell  Read Replies (2) | Respond to of 29970
 
My instinct says that institutions accumulated during the consolidation and are now panic selling.

No offense, but this is what your instincts told you 8 months ago.

Massive efforts have been made over the last few months to keep ATHM under and keep the momentum players away.


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