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To: marginmike who wrote (43176)	12/2/2000 12:20:37 PM
From: Oblomov	Read Replies (1) \| Respond to of 436258

Good article posted on the Margin Calls thread: Take Monty Patch, 56, an administrator for Xerox in Houston. He says the fall bear market has wiped out all of his gains of the past year. "I am losing substantial money," Patch says. After the April correction , Patch focused on buying blue-chip tech stocks like Dell, Oracle and Cisco Systems. Trouble is, the one-time darlings have not escaped the recent sell-off unscathed. Now, to protect himself from future losses, Patch is thinking about investing in junk bonds. ... The U.S. stock market as measured by the Wilshire 5000 index has lost $3.3 trillion in value since it peaked March 24. To put that number in perspective: At the start of the bull market in October 1990, the entire stock market was valued at just $2.7 trillion, Stack says. usatoday.com