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To: StockOperator who wrote (74304)	3/2/2001 12:03:14 AM
From: pater tenebrarum	Read Replies (4) \| Respond to of 436258

i am more in Fleck's camp on this: these huge drops on bad news signify that the stocks are already largely in weak hands...otoh, the big funds had such a ridiculous overweight in tech, that they probably still sit on enormous amounts of stock. imo there are only two possibilities: either a panic ensues that finally flushes all the sellers out, or we continue the grind until everybody loses interest...and then build a bottom over a long period of time, with numerous false starts.