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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: HairBall who wrote (70457)	2/25/2001 10:50:43 PM
From: Sea Otter	Respond to of 99985

Interesting link on the AMT - market implications?. fortune.com From last year, detailing an example from TheStreet.com. It will be interesting to see how the AMT nightmare affects the market until April 15th. So many people in Silicon Valley are now sitting on huge AMT tax bills for shares that are now relatively worthless. If nothing fundamental changes I'd expect there to be a fair amount of insider selling over the next few weeks, so as to cover the tax bill. I expect this will exert a further downward push on the overall market. LG - as to Belmont ... Well, I see you know my 'hood! Actually, my former 'hood. I live in Monterey nowadays - couldn't stand the congestion on the peninsula. Not quite in the thick of things, but certainly a lot more pleasant in terms of quality of life.