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To: Victor Lazlo who wrote (123111)4/6/2001 1:17:17 PM
From: Crystal ball  Read Replies (1) | Respond to of 164684
 
Institutions net redemptions, they BOUGHT PALM for window dressing, which had nothing to do with the net redemptions, except for the fact that they helped drive the price down the last week of March in order to buy PALM cheaper. You can do this with less than a 5% short selling program, and with 130 million shares, they exceeded that by their wildest dreams, then they bought, and will like me, hold PALM all the way back up to is highs, WHY? because it is a solid company, and will return to its highs, and that ROI is what they need to make their numbers.
It takes money to make money and this is one of the ways it has always been done.
I am,
Truly your$,
-Crystal Ball