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Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?


To: OldAIMGuy who wrote (13754)11/29/2000 6:29:56 PM
From: James F. Hopkins  Read Replies (2) | Respond to of 18928
 
EDIT AT BOTTOM Gateway is killing everything
At any rate consolidation may reduce the issues but seldom
the amount of shares , if anything because they usually
pay a premium and in shares we wind up with more shares
in the market. Then the splits put more shares in the market, then 6mo+ after the IPO festival come the release of
the all the restricted shares.
I don't think a plain jane count of issues can give us the kind of data of whats reliable enough to nail down
any supply side end to stocks. Except say when the
amount of issues run to extremes.
----------
Damm Gateway just came out with bad news and it's
spilling over into all the computer and chip stocks,
hell after hrs damm near all mo mo tech is in a panic.
Looks like I get to buy something tomorrow.
Shit it's bad ...GTW down 9.5 Intc dwn to 37 and change
dell dwn to 19 and change ,msft yhaoo they are all taking
hits CSCO holding at 51..but the others are running all
dropping ...futures will likely lock limit down and the indexers will start selling on the open.
It could get bloody.
Jim